FINANCIAL RISK INSURANCE AND ART (NON-LIFE)

Background
The financial sector has witnessed a tremendous growth in the last few years. Insurers need to acquire and sharpen their skills in developing insurance products to cater to the needs of this sector. Financial Risk Insurance is also a high exposure business. Reinsurance and Insurance Derivatives offer mechanisms to reduce or transfer a portion of the risk assumed by the direct insurers. This programme aims to introduce the basic principles and techniques of Financial Risk Insurance, Reinsurance and Insurance Derivatives.

Objectives
• To develop an understanding of the unique features of financial risks

• To develop methods of financial risk identification and risk measurement

• To familiarise participants with innovations in financial risk insurance

Contents
• Insurance Derivatives

• Various types of financial risks, scope of covers and underwriting features

• Individual brokers policy

• Comprehensive coverage for depositories and custodians

• Cover for registrars and transfer agents

• Claims under financial risk coverage

• Reinsurance / ARTM

• Futures options and swaps

• Pricing of financial risk covers