5 CPE credits are available for the successful completion of this course.

Course cost for non-designation students – $750

Predicting risk is an essential element of establishing and maintaining a financially sound captive insurance program. The job of estimating risk falls on the actuary. There are a number of methods of developing expected loss projections, and there are different rating methodologies, each designed to allow an insurer to be adequately funded.  

In this course, participants will learn the basics of predicting risk, rate making, and financial forecasting. The course will examine commonly used methods to estimate ultimate losses. It will also explain how to test results for reasonableness, use the results of forecasts, and make predictions about future costs by using historical loss experience. 

Key course takeaways:

  • Identify the models for predicting risk  
  • Build loss triangles  
  • Use appropriate methods for rate making  
  • Demonstrate how to apply pro forma financial projections 

Online course

In addition to self-paced reading and assignment work, students will be required to attend three webconference sessions. There are no prerequisite requirements for this course.  Prior to the first webconference participants need to access Canvas to review webconference directions and course material.

Registration Deadline:  April 10, 2024 or until full

Dates for Spring 2024: 

Webconference one, Wednesday, April 17, from 12:00 – 1:15 p.m. ET
Webconference two, Wednesday, April 24, from 12:00 – 1:15 p.m. ET
Webconference three, Wednesday, May 1, from 12:00 – 1:15 p.m. ET

Instructors in Spring 2024 are Brian Johnson and Rob Walling

For further details please contact at ICCIE at 802-651-9050.


International Center for Captive Insurance Education (ICCIE) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.