Year of Study:	3 - 4
Credit Units:	3
Duration:	45hours
Prerequisites:	AIN4621 Insurance Company Operations; or with the Module Coordinator’s permission and upon endorsement of the relevant Head

The module introduces principles of reinsurance. This module aims to provide students with concepts and terminologies in reinsurance, as well as various administrative and functional considerations in reinsurance.

Upon completion of this module, students should be able to:

1. understand the terminologies and apply the concepts of reinsurance;


2. describe and identify the characteristics of reinsurance treaties;


3. explain the administrative and functional considerations of reinsurance;


4. and apply reinsurance principles to analyse real-life problems.