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.


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
  • Major Players in a Global Financial Centre - Online
  • Money Markets Around the World - Online
  • Public Companies in the UK - Online
  • Initial Public Offerings in the UK - Online
  • Regulation in the UK Financial Services Markets - Online
  • Insurance and Reinsurance
    Topics covered include:
    • 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
    Duration: 1 hour

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