Course in Diversification Strategies in Reinsurance
Online 300 h course in diversification strategies in reinsurance. 6 modules covering Directive 2009/138/EC (Solvency II), Delegated Regulation (EU) 2015/35 and Igloo (WTW). Assigned tutor and open enrolment.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Explain the role of diversification in the reinsurer's business model.
Analyse the geographic and line-of-business concentration of a portfolio.
Design expansion strategies into new lines, markets and clients.
Assess the effect of diversification on capital, retrocession and results.
Define risk appetite and strategy governance.
Plan execution with monitoring indicators.
Develop an integrating project for a diversification plan.
Who it's for
- Business development director in reinsurance who wants to specialise in diversification strategies in reinsurance.
- Reinsurance underwriter who wants to specialise in diversification strategies in reinsurance.
- Strategic analyst who wants to specialise in diversification strategies in reinsurance.
- Portfolio actuary who wants to specialise in diversification strategies in reinsurance.
- Retrocession manager who wants to specialise in diversification strategies in reinsurance.
- Reinsurance consultant who wants to specialise in diversification strategies in reinsurance.
- Graduates in engineering or sciences seeking to enter reinsurance.
What you'll work with
- Directive 2009/138/EC (Solvency II)
- Delegated Regulation (EU) 2015/35
- IAIS Insurance Core Principles
- Law 20/2015 (LOSSEAR)
- EIOPA Guidelines on ORSA
- ISO 31000 (risk management)
6 modules · 300 h
1.1What diversification adds and what it does not1.2Diversification by line, zone and risk type1.3Practical limits of diversification1.4Effect on earnings volatility1.5Effect on required capital1.6Cost of entering new markets1.7Sector vocabulary and acronyms1.8Strategies of the main players1.9Market cycle and opportunities1.10Exercise: analysing a reinsurer's portfolio
2.1Composition by line and by region2.2Contribution to earnings and volatility2.3Internal correlations2.4Concentrations and their identification2.5Risk-adjusted profitability by segment2.6Capital consumption by segment2.7Loss-making segments and their treatment2.8Data quality for the analysis2.9Comparison with the market2.10Practice: diagnosing a portfolio
3.1Entry into new lines3.2Entry into new geographies3.3Alliances and agreements with cedants3.4Portfolio acquisition3.5Creation of specialist teams3.6Use of brokers to access the market3.7Learning curve and initial risk3.8Prudent growth pace3.9Warning signs of unhealthy growth3.10Practice: entry plan for a segment
4.1Diversification benefit in capital4.2Limits of regulatory recognition4.3Effect on credit rating4.4Interaction with the retrocession programme4.5Capital allocation to segments4.6Profitability targets by segment4.7Stress scenarios for the new portfolio4.8Monitoring actual results4.9Decision to exit a segment4.10Practice: capital analysis of an expansion
5.1Risk appetite and limits by segment5.2Governance of strategic decisions5.3Resources, talent and systems5.4Disciplined underwriting during growth5.5Accumulation control when diversifying5.6Monitoring indicators5.7Board reporting5.8Periodic review of the strategy5.9Lessons from failed attempts5.10Practice: diversification roadmap
6.1Selecting the reinsurer and its portfolio6.2Diagnosis of concentration and results6.3Identification of opportunities6.4Prioritised diversification plan6.5Capital and retrocession analysis6.6System of limits and controls6.7Indicators and governance6.8Phased roadmap6.9Plan report6.10Defence of the project
How you'll learn
100 % online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine study with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Igloo (WTW), advanced Excel, Python (pandas), Tableau, in free, academic or evaluation versions. Practical work is based on real procedures for analysing concentration in the current portfolio, assessing new markets and lines, and studying diversification benefit. Assessment is continuous per module plus the final integrating project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Explain the role of diversification in the reinsurer's business model.
Analyse the geographic and line-of-business concentration of a portfolio.
Design expansion strategies into new lines, markets and clients.
Assess the effect of diversification on capital, retrocession and results.
Define risk appetite and strategy governance.
Where this takes you
Requirements
- No prior degree required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient level of Spanish to follow technical regulatory reading.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme totals 300 hours, spread over 3 to 5 months. That is between 10 and 15 hours per week on average, compatible with a full-time job.
The course uses Igloo (WTW), advanced Excel, Python (pandas) and Tableau. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
A SEIUM own diploma on passing the continuous assessment and the integrating project. It is in-house training, not an official Ministry qualification.
Yes. Modules passed in a course or postgraduate diploma in the same area are credited towards the advanced programme. Check the credit transfer policy when you enrol.
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