ARe study plan

Define reinsurance and distinguish it from primary insurance using your own words

Map the reinsurance value chain and identify where the customer sits in each link

List the main customer segments (ceding insurers, brokers, retro buyers) and their distinct needs

Explain three ways reinsurance capacity supports a primary insurer's growth and solvency

Compare proportional (quota share, surplus) and non-proportional (per risk, per occurrence, aggregate) structures

Compute ceded premium, retention, and recovery for a simple quota share and a simple excess-of-loss example

Describe facultative versus treaty placement and when each is appropriate

Identify the documentation produced at each stage of a transaction

Draft the standard sections of a treaty (preamble, definitions, scope, exclusions, term, premium, claims)

Explain the purpose of each major clause and the customer risk it allocates

Distinguish claims-made from occurrence wording and loss-occurring versus risk-attaching basis

Summarize common clauses: offset, currency, arbitration, errors and omissions, access to records

Trace the treaty negotiation and execution cycle from submission through binding and signing

Identify the information a reinsurer needs to underwrite a ceded portfolio and where it comes from

Explain how terms are priced and how experience rating and exposure rating differ

Describe how amendments, endorsements, and mid-term changes are documented

Reconcile ceded premium and claims using a premium and loss bordereau

Calculate and interpret key ratios: cession rate, loss ratio, combined ratio, and retention ratio

Explain how reinstatements, aggregate limits, and event limits interact in a claims scenario

Describe the audit and dispute-resolution steps when a ceded balance is questioned

Explain how regulatory capital and solvency frameworks affect reinsurance buying decisions

Describe the roles of the broker, intermediary, and retrocessionaire in a transaction

Identify ethical and conflict-of-interest issues that arise in placement and claims handling

Summarize how catastrophe modeling and accumulation management influence treaty terms

Apply a customer-service framework to a disputed claim or renewal scenario

Draft a client communication explaining a difficult treaty outcome (rate increase, exclusion, or reduced capacity)

Identify the internal functions a client-facing professional must coordinate with and the handoffs involved

Evaluate how service quality is measured and reported to customers

Synthesize all four domains into a single end-to-end deal narrative from customer need to executed treaty to claims settlement

Complete timed practice questions across all domains and analyze errors by domain

Revisit and correct your three weakest topics from prior weeks

Build a one-page quick-reference sheet of structures, clauses, and ratios