Reinsurance Accounts | Sashi Publications

The Reinsurance market world over has been growing rapidly.  With the increase in the volatility of risks, reinsurance has become inevitable.  The insurers must have a well-planned strategy to have a stable business portfolio. The account is a complex subject. An attempt has been made to simplify the subject so that it can be grasped easily by the Insurance Underwriters, Brokers, Students.

Mr. K.L. Naik a Guru and authority on the subject ventured to author this manual on Reinsurance.  Mr. Naik has very rich experience in the field both in Indian and International markets and he has put forth all his experience in capsule form in this book.

The book written in lucid language will be an easy reference guide for Insurers, Professionals, Students, Intermediaries. It will be a rich and valuable addition to every library for reference on Reinsurance in India.

Important topics covered in the book
1. BASIC CONCEPTS OF INSURANCE IN RELATION TO REINSURANCE
2.FUNDAMENTALS
3.WRITING AND UNDERWRITING OF RISKS IN INSURANCE AND REINSURANCE PROGRAMMING
4.SPECIFIC CHARACTERISTICS REINSURANCE A/CS
5.ACCOUNTING SYSTEMS – N – COMPARISON OF BOTH SYSTEMS OF PROP. TREATIES
6.ACCOUNTING TERMS OF PROP. TREATIES ON BOTH SYSTEMS.
7.ACCOUNTING IN PROPORTIONAL TREATIES WITH STATISTICS.
8.COMMUTATION OF PROPORTIONAL TREATIES IRO LONGER LASTING RUN-OFF ACCOUNTS
9. NON-PROPORTIONAL TREATY PROGRAMMING PROTECTING NET A/CS
10.ACCOUNTING OF PREMIUMS IN NON- PROP/EXCESS OF LOSS TREATIES
11.CREATION OF MARKET POOLS ON FIRST LOSS BASIS
12.ERRORS AND OMISSION IN REINSURANCE ACCOUNTING
13.SUMMARY: 101 Points of ACCOUNTS
14.Claims Handling
Annexure 1
Annexure 2
Abbreviations

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