ROUTES: IVASS TRAINING - IVASS UPDATE
Ivass Thematic Area: INSURANCE AND REINSURANCE TECHNIQUE
Ivass area module: 3. Main types of reinsurance cover

 

OBJECTIVES

The insurance industry has a very particular characteristic: the actual cost of its product, the policy, is certain only when the contract expires.

Companies must sell each policy at a price that they estimate is sufficient to cover costs and claims: this situation is called inversion of the production cycle, the basic principle of the insurance factory.

While insurance is a contract between a company and an end customer, reinsurance is a peer-to-peer transaction, that is, a business to business agreement that has the purpose of covering insurance companies from those risks that they could hardly bear.

The course, through an analysis of general and sector regulations, identifies the main reinsurance techniques envisaged in Italy.

DURATION

1 hours

CONTENTS

MODULE 1 - Historical notes

• Reversal of the production cycle
Insurance portfolios
• Insurance and reinsurance
• The origins of reinsurance in history
• Reinsurance by treaty
• Reinsurance today

 

MODULE 2 - Regulatory aspects

• The civil code and reinsurance in the Insurance Code
• Activities abroad
• Activities in Italy of foreign companies
• Solvency II and reinsurance
• Solvency capital requirement
• Minimum capital requirements

 

 

TECHNICAL REQUIREMENTS:

 

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DATA TRACKING METHOD: SCORM 1.2

CERTIFICATION / CERTIFICATE

Final reports and certificate of use compliant with the provisions of the IVASS Regulation.

DEVELOPMENT TECHNOLOGY:

HTML5

PRODUCED BY:

PIAZZA COPERNICO

Content edited by: LYVE

Teacher: Antonio Sanna

COURSE CODE:

0006_18_06