Payment
- Home
- London Public Courses
- Financial Institutions
- Day 1 - Non-life Insurance: Forecasting and Valuation
Day 1 - Non-life Insurance: Forecasting and Valuation
Online Price:
£450.00
(excluding tax) (You save £100.00)
RRP:
Location:
London
What To Bring
It is important that you bring a laptop (preferably a PC) with Microsoft Excel, Word and PowerPoint, and Adobe Reader installed.
Product Description
Day 1 – Non-life Insurance: Forecasting and Valuation
Participants familiarize with the insurance business, starting with the property and casualty sector. Participants complete a fully integrated forecasting and valuation model for a non-life insurance company.
Key topics
- How do insurance companies make money?
- Key non-life insurance products
- Reinsurance and risk-transfer
- Accounting for non-life insurance: deferral and matching principle
- Unearned premium reserves and claims reserves
- Building loss reserve triangles
- Key performance ratios
- Building a non-life insurance forecasting model
- Forecasting premium and claims development: non-life insurance cycles
- Building non-life reserves
- Forecasting operating expenses and impact of reinsurance
- Completing underwriting result
- Allocated capital, investments and financial returns
- Completing the forecasting model
- Using solvency requirements to establish capital surplus/deficit
- Completing a dividend discount valuation for the case company
