1. WHY DO WE NEED REINSURANCE

2. General VS Life General Insurance Life Insurance Compensation Agreed Value Long Term Investment Return Relatively fixed pricing • Indemnity • Reinstatement Value • Annual Basis • No Return • Flexible pricing

3. TYPES OF INSURANCE Tariff • Property • Engineering • Motor • Marine • Miscellaneous • Employee Benefits • Casualty • Liability Tariff

4. What is Reinsurance

5. Why Do We Need Reinsurance Scenario 1 : Large Loss

6. Why Do We Need Reinsurance Scenario 2 : Catastrophic Losses

7. Reinsurers S & P Ratings

8. Types of Reinsurance Facultative Arrangement Optional upon both the insurer and reinsurer Reinsurance of a Single Risk Large Sum Insured Risk, High Hazards Risk individually assessed by Reinsurer Terms individually negotiated by Reinsurer Proportionate & Non Proportionate

9. Types of Reinsurance Treaty Arrangement Agreements between insurer & reinsurer Reinsurance of all the Risks accepted Non Optional, No Advance Notice Risk assessed by the Insurer Terms decided by the Insurer Proportionate : Quota Share, Surplus Non Proportionate : XOL

10. Thank You