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.
International Reinsurance Regulations Course — studying from Singapore
Singapore is a major insurance and reinsurance hub in Asia, regulated by the Monetary Authority of Singapore. Engineering skills support risk modelling, catastrophe analysis, data analytics and actuarial work for insurers and reinsurers. The sector draws on data science and quantitative methods, with demand from insurers, brokers and risk consultancies. The city's financial ecosystem makes it a common base for global risk and actuarial teams.
Fees for Singapore: S$920 (Singapore dollar), with instalments and employer sponsorship available.
Relevant bodies in Singapore
Typical roles
Questions from Singapore
Will this qualification be recognised by professional bodies in Singapore?
SEIUM's qualifications are private, not official state degrees, and are not accredited by any national body. In Singapore, actuarial work is linked to the Singapore Actuarial Society, and insurance is regulated by the Monetary Authority of Singapore. Recognition of a private qualification is decided by employers or the relevant body, so confirm with them directly before you enrol.
How might this training be used by employers in Singapore?
Singapore's insurance, banking and risk functions employ people with analytical and data skills. An engineering-based risk and data programme may complement such roles, but it does not guarantee a position or a specific career outcome. Employers usually weigh professional exams, experience and demonstrated analytical ability, so your final project and work history will matter as much as the qualification title.
Can I study this alongside a full-time job, and can my employer help fund it?
Because the course is fully online and taught in English, you can study from Singapore without travelling, and no student visa is needed for online study. The workload is substantial, so plan carefully around your job. Fees can be paid in instalments, and employer sponsorship is possible; many Singapore companies support job-relevant study, so discuss it with your manager.
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
Describe the role of reinsurance in relation to emerging risks.
Compare the international regulatory frameworks for reinsurance.
Identify and monitor emerging risks relevant to portfolios.
Quantify emerging exposures through scenarios.
Adapt contractual clauses to new and poorly defined risks.
Assess the effect of reinsurance on capital and solvency.
Prepare a report on an emerging risk and its reinsurance response.
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.
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)
6 modules · 300 h
1.1What makes a risk emerging1.2Uncertainty versus known risk1.3Life cycle of an emerging risk1.4Current examples in the sector1.5Silent exposure in portfolios1.6The reinsurer's role in anticipation1.7Industry vocabulary and acronyms1.8Monitoring sources and signals1.9Common errors in valuation1.10Exercise: identifying emerging risks in a line of business
2.1Emerging risk monitoring systems2.2Weak signals and their interpretation2.3Participation in industry forums2.4Collaboration with academia2.5Litigation and legal trend analysis2.6Technological developments and their effect2.7Social and behavioural change2.8Climate change as a multiplier2.9Documenting the risk register2.10Practice: emerging risk profile
3.1Qualitative and quantitative scenarios3.2Estimation with sparse data3.3Expert judgement and its structuring3.4Simple models and their assumptions3.5Silent exposure in wordings3.6Analysis of potential accumulation3.7Stress testing and reverse scenarios3.8Risk prioritisation3.9Communicating uncertainty3.10Practice: quantified scenario for a risk
4.1Clarifying wordings4.2Explicit exclusions and their drafting4.3Affirmative cover and its pricing4.4Prudent limits and sublimits4.5Policyholder risk prevention conditions4.6Dialogue with cedants about the risk4.7Available capacity and its management4.8Retrocession of the emerging risk4.9Review of the existing portfolio4.10Practice: wording proposal
5.1Governance of the emerging risk process5.2Integration with risk management5.3Effect on capital and reserves5.4Reporting to the board and supervisor5.5Product innovation as an opportunity5.6Public-private collaboration5.7Team training5.8Periodic review of the register5.9Learning from past errors5.10Practice: report to the risk committee
6.1Choosing the emerging risk6.2Analysis of its cycle and signals6.3Assessment of portfolio exposure6.4Scenarios and quantification6.5Underwriting response proposal6.6Monitoring and governance plan6.7Product opportunities6.8Monitoring indicators6.9Analysis report6.10Project defence
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.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Describe the role of reinsurance in relation to emerging risks.
Compare the international regulatory frameworks for reinsurance.
Identify and monitor emerging risks relevant to portfolios.
Quantify emerging exposures through scenarios.
Adapt contractual clauses to new and poorly defined risks.
Where this takes you
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.
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.
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