ARe study guide
ARe · Work through your exam, one topic at a time.
The Associate in Reinsurance (ARe) is a professional designation offered by The Institutes for insurance professionals who work with or around reinsurance. It is aimed at people who need to understand how reinsurance programs are structured, sold, documented, and administered - including reinsurance underwriters, brokers, ceded reinsurance and claims staff, and insurers who buy protection. The curriculum is organized into four core courses: ARe 320: Serving the Reinsurance Customer; ARe 321: Exploring Reinsurance Products and Transactions; ARe 322: Developing and Executing Treaty Reinsurance Contracts; and CPCU 520: Meeting Challenges Across Insurance Operations. Together these cover the reinsurance customer relationship, the range of reinsurance products and transaction types, the treaty contract lifecycle, and the broader operational context in which insurers and reinsurers work. The ARe study guide has 4 sections and about 1,284 words.
01Serving the Reinsurance Customer
In reinsurance the "customer" is the ceding insurer , and the relationship is intermediated by a broker or handled directly by the reinsurer's marketing/underwriting staff. A candidate must understand the service chain: ceding company underwriters and actuarial staff, the intermediary, the reinsurer's client manager, and the treaty or facultative underwriter who actually prices risk.
341 words, about 2 min02Exploring Reinsurance Products and Transactions
Candidates must distinguish treaty vs. facultative and proportional vs.
312 words, about 2 min03Developing and Executing Treaty Reinsurance Contracts
The treaty lifecycle runs: submission and underwriting , quoting and negotiation , placing/signing , endorsement , and renewal . Candidates should know the standard treaty sections: preamble/parties , business covered , term , territory , exclusions , retention and limits , reinstatement , definitions (loss occurrence, ultimate net loss), claims and cash loss provisions , premium and deposit premium adjustment , accounts and remittances , errors and omissions , arbitration/governing law , and termination .
321 words, about 2 min04Meeting Challenges Across Insurance Operations
Reinsurance operations face challenges in data quality , claims handling , accounting and collections , regulatory compliance , catastrophe accumulation , and technology . Candidates should connect each challenge to a reinsurance control.
310 words, about 2 min