UCL - REINSURANCE

[ACTU2080]

[30h] 5 credits

This course is taught in the 2d semester.

Teacher(s): Jean-François Walhin

Language: English

Level: Second

Aims
Main themes
Content and teaching methods
Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Aims

The aim of this course is to provide students with basic skills in reinsurance

Main themes

The reinsurance market is presented. The different kinds of treaties are described. The pricing of excess loss reinsurance is deeply analysed. The reasons why an insurance company has to be reinsured are explained; finally the point of view of the insurer is adopted in terms of optimality of reinsurance arrangements.

Content and teaching methods

Content
The following topics will be developed:
Introduction
Why a reinsurance
Proportional reinsurance
Non proportional reinsurance
Pricing of excess of loss treaties
Capital allocation
Optimal reinsurance

Methods
In-class activities
X0 Lectures
X0 Exercices/PT

At home activities
X0 Exercices to prepare the lecture
X0 Paper work

Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Evaluation : Class participation and written examination, in French

Support : Slides provided through icampus