Reinsurance-IC 85

Reinsurance-IC 85

Reinsurance-IC 85 is a certification program from the Insurance Institute of India on the reinsurance industry. It covers the concepts and practices of reinsurance, including the role of reinsurance in the global insurance market, types of reinsurance (such as facultative and treaty), underwriting, risk assessment, pricing, and claims handling.

Certification in Reinsurance-IC 85  helps you prepare for the Reinsurance-IC 85 module test by assessing you to handle reinsurance arrangements, evaluate risks, assess claims, and understand the regulations.
Why is Reinsurance-IC 85 certification important?

• Practices and sharpens your skills and knowledge to clear the Reinsurance-IC 85 module
• Provides specialized knowledge in the reinsurance industry, which is a crucial part of the global insurance market.
• Enhances career prospects for professionals in the insurance and reinsurance sectors.
• Validates expertise in assessing risks, underwriting, and claims management within the reinsurance framework.
• Helps professionals understand and manage reinsurance contracts and agreements effectively.
• Prepares candidates for leadership roles in reinsurance companies, brokers, or insurers.
• Expands employability by offering a niche skill set applicable to reinsurance across different industries.
• Improves the ability to develop strategic reinsurance solutions and manage large-scale risks.

Who should take the Reinsurance-IC 85 Exam?

• Reinsurance Underwriters
• Reinsurance Brokers
• Risk Managers (Specialized in Reinsurance)
• Claims Adjusters (Reinsurance)
• Insurance Analysts (Reinsurance)
• Actuaries (Reinsurance)
• Reinsurance Advisors
• Insurance Risk Consultants
• Reinsurance Managers
• Business Development Managers (Reinsurance)

Reinsurance-IC 85 Certification Course Outline
The course outline for Reinsurance-IC 85 certification is as below -

• Domain 1: Introduction to Reinsurance
• Domain 2: Forms of Reinsurance
• Domain 3: Methods of Reinsurance
• Domain 4: Methods of Reinsurance 2
• Domain 5: Retentions
• Domain 6: Reinsurance Programme - Design
• Domain 7: Reinsurance– Distributing the Programme Arrangements
• Domain 8: Law and Clauses relating to Reinsurance Contracts
• Domain 9: Reinsurance Accounting,
• Domain 10: Reinsurance Markets
• Domain 11: Reinsurance Financial Security
• Domain 12: Alternatives to Traditional Reinsurance
• Domain 13: Inward Reinsurance Business
• Domain 14: Processing Information for Reinsurance Decisions