Reinsurance fundamentals
How insurers transfer risk: proportional and non-proportional treaties, facultative cover, layers and limits, reinstatements, placement and accounting flows.
Also described as
- cat XL
- excess of loss
- quota share
- reinsurance
- treaty reinsurance
- treaty
- facultative
- surplus
- retrocession
- cedant
Roles that need it
Where the weights come from
The weight is this skill's share of each role; the weights of one role add up to 100 percent.
Source: the EFO role catalogue, built from the ESCO classification and reviewed by the editors.
Critical for
- Reinsurance AnalystYour role
- Reinsurance Operations AnalystYour role
Supporting in
- Insurance Broker / Account HandlerYour role
Processes where it is used
- Insurance underwriting, claims and policy