Insurance and Reinsurance - Online

Introducing the City takes participants behind the elegant facades of the great financial institutions to reveal the City of London as a major center of global banking and finance. This module explores the role of insurance as an integral part of the financial services market.

This course replicates the content from lesson 9 of the course Introducing the City - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.

Available TodayOnlineUSD$60.00
Instructional Method:
Self-Study
Level: Basic
CPE Credits: 1

Newcomers to the securities industry, traders, salespeople, back office professionals, staff assistants, compliance staff, auditors and IT professionals.
Students will be able to:
  • Identify different types of insurance and the significance of insurance in the UK economy
  • Recognise the role of reinsurance and coinsurance in spreading risk
  • Identify elements of the business process of Lloyd's Market
Insurance and Reinsurance
  • Role of insurance as an integral part of the financial services market
  • General insurance
  • Long-Term insurance: life assurance and pensions
  • How insurance companies earn income from investing premiums
  • Role of reinsurance and coinsurance
  • Factors that affect insurance prices
  • Developments in insurance distribution