Reinsurance Fundamentals

This course is designed to educate participants on the fundamentals of reinsurance.

Participants will gain a comprehensive understanding of the way reinsurance works and the support provided to the insurer.

CPD Category – Class of Business – General

At the end of the session participants will be able to:

• Gain a comprehensive understanding of the definition ad background of reinsurance
• Understand support mechanisms which are provided by the Reinsurer to the company
• Understand the principles of proportional and non-proportional reinsurance treaties
• Gain an insight into how claims are reimbursed
• Be knowledgeable on the reinsurers’ approach to catastrophic events

Mr. Sookdeo Beepath joined the insurance industry in Trinidad and Tobago in 1972 as a clerical officer. Thereafter, he began taking courses in several insurance disciplines at the Academy of Insurance. He continued his insurance education in Mumbai, India and Zurich, Switzerland. Mr. Beepath holds a Certificate in Human Resource Management and a Diploma in Industrial Relations. He is also a Certified Financial Planner. He read for his MBA in Business Management at the Arthur Lok Jack Graduate School of Business. Mr. Beepath served as President of the Trinidad and Tobago Insurance Institute and the Association of Insurance Institutes of the Caribbean. He was a member of the Board of Directors of the Association of Trinidad & Tobago Insurance Companies (ATTIC) and Chairman of its Claims Committee. He currently lectures to the Bachelor’s Degree in Risk and Insurance at the University of the West Indies.