CourseInsurance, Risk & Actuarial Data Applications open

International Reinsurance Regulations Course

Online 300-hour course in international reinsurance regulations. 6 modules covering Directive 2009/138/EC (Solvency II), IAIS Insurance Core Principle 13 (reinsurance) and Verisk Touchstone. Assigned tutor and open enrolment.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate
Virtual lab · try it before you enrol

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.

SIM · LIVE ●
Learning outcomes

What you will be able to do

01

Describe the role of reinsurance in relation to emerging risks.

02

Compare the international regulatory frameworks for reinsurance.

03

Identify and monitor emerging risks relevant to portfolios.

04

Quantify emerging exposures through scenarios.

05

Adapt contractual clauses to new and poorly defined risks.

06

Assess the effect of reinsurance on capital and solvency.

07

Prepare a report on an emerging risk and its reinsurance response.

Profile

Who it's for

  • Reinsurance underwriter seeking to specialise in international reinsurance regulations.
  • Emerging risks analyst seeking to specialise in international reinsurance regulations.
  • Ceded reinsurance manager seeking to specialise in international reinsurance regulations.
  • Reinsurance broker seeking to specialise in international reinsurance regulations.
  • International regulatory analyst seeking to specialise in international reinsurance regulations.
  • Capital and risk transfer manager seeking to specialise in international reinsurance regulations.
  • Engineering or science graduates looking to enter reinsurance.
Standards & tools

What you'll work with

  • Directive 2009/138/EC (Solvency II)
  • IAIS Insurance Core Principle 13 (reinsurance)
  • EU-US Bilateral Agreement on insurance and reinsurance (2017)
  • NAIC Credit for Reinsurance Model Law
  • Insurance Act 1978 (Bermuda)
  • Principles of Reinsurance Contract Law (PRICL)
  • IFRS 17 (insurance contracts)
Syllabus

6 modules · 300 h

  1. 1.1What makes a risk emerging
  2. 1.2Uncertainty versus known risk
  3. 1.3Life cycle of an emerging risk
  4. 1.4Current examples in the sector
  5. 1.5Silent exposure in portfolios
  6. 1.6The reinsurer's role in anticipation
  7. 1.7Industry vocabulary and acronyms
  8. 1.8Monitoring sources and signals
  9. 1.9Common errors in valuation
  10. 1.10Exercise: identifying emerging risks in a line of business
  1. 2.1Emerging risk monitoring systems
  2. 2.2Weak signals and their interpretation
  3. 2.3Participation in industry forums
  4. 2.4Collaboration with academia
  5. 2.5Litigation and legal trend analysis
  6. 2.6Technological developments and their effect
  7. 2.7Social and behavioural change
  8. 2.8Climate change as a multiplier
  9. 2.9Documenting the risk register
  10. 2.10Practice: emerging risk profile
  1. 3.1Qualitative and quantitative scenarios
  2. 3.2Estimation with sparse data
  3. 3.3Expert judgement and its structuring
  4. 3.4Simple models and their assumptions
  5. 3.5Silent exposure in wordings
  6. 3.6Analysis of potential accumulation
  7. 3.7Stress testing and reverse scenarios
  8. 3.8Risk prioritisation
  9. 3.9Communicating uncertainty
  10. 3.10Practice: quantified scenario for a risk
  1. 4.1Clarifying wordings
  2. 4.2Explicit exclusions and their drafting
  3. 4.3Affirmative cover and its pricing
  4. 4.4Prudent limits and sublimits
  5. 4.5Policyholder risk prevention conditions
  6. 4.6Dialogue with cedants about the risk
  7. 4.7Available capacity and its management
  8. 4.8Retrocession of the emerging risk
  9. 4.9Review of the existing portfolio
  10. 4.10Practice: wording proposal
  1. 5.1Governance of the emerging risk process
  2. 5.2Integration with risk management
  3. 5.3Effect on capital and reserves
  4. 5.4Reporting to the board and supervisor
  5. 5.5Product innovation as an opportunity
  6. 5.6Public-private collaboration
  7. 5.7Team training
  8. 5.8Periodic review of the register
  9. 5.9Learning from past errors
  10. 5.10Practice: report to the risk committee
  1. 6.1Choosing the emerging risk
  2. 6.2Analysis of its cycle and signals
  3. 6.3Assessment of portfolio exposure
  4. 6.4Scenarios and quantification
  5. 6.5Underwriting response proposal
  6. 6.6Monitoring and governance plan
  7. 6.7Product opportunities
  8. 6.8Monitoring indicators
  9. 6.9Analysis report
  10. 6.10Project defence
Methodology, software & labs

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 the course with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Verisk Touchstone, Moody’s RMS, Remetrica, advanced Excel, in free, academic or evaluation versions. Tests are studied using real emerging risk monitoring procedures, analysis of exclusion clauses, and scenario testing on reinsurance programmes. Assessment is continuous by module, plus the final integrative project.

Accredited laboratories(EN ISO/IEC 17025) with rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-oriented Master's Thesis:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:faculty with track records in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:safety-by-design approach, cyber-OT, DIH and compliance as core pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Choosing the emerging risk

Describe the role of reinsurance in relation to emerging risks.

Analysis of its cycle and signals

Compare the international regulatory frameworks for reinsurance.

Assessment of portfolio exposure

Identify and monitor emerging risks relevant to portfolios.

Scenarios and quantification

Quantify emerging exposures through scenarios.

Underwriting response proposal

Adapt contractual clauses to new and poorly defined risks.

Career opportunities

Where this takes you

Reinsurance underwriterEmerging risks analystCeded reinsurance managerReinsurance brokerInternational regulatory analystCapital and risk transfer manager
Admissions & scholarships

Requirements

  • No prior qualification is required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient Spanish to follow technical regulatory texts.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 300 hours, spread over 3 to 5 months. That is an average of 10 to 15 hours per week, compatible with a full-time job.

You work with Verisk Touchstone, Moody’s RMS, Remetrica and advanced Excel. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

An SEIUM in-house diploma upon passing the continuous assessment and the integrative project. It is in-house training, not an official Ministry title.

Yes. Modules passed in a course or postgraduate diploma in the same area are credited towards the advanced programme. Please check the credit transfer policy when you enrol.

International Reinsurance Regulations CourseEnrol
Scroll to Top
SEIUM – Institute of Advanced Engineering
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.