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

Cost of course to non-designation students – $750

This course begins with an overview of predicting risk for loss reserving, ratemaking, and financial forecasting. Once the basics of predicting risk have been covered, a direct writing captive may use a number of different program structures to manage its shareholders’ retained risk. Policies can be written for corporate reimbursement, aggregate excess, or primary protection. In each case, the objective is to pool the risks of operations. The financing of retained risk can also be achieved by pooling risks between different captives. In either case, the captive’s operating and claims handling procedures must support the transfer of risk from the insured operating entities to accomplish the shareholders’ financial objectives. Participants in this course will learn how to make sure the captive operates like a real insurance company.

This course will explore how a captive uses reinsurance to protect itself from unexpected high-severity or high-frequency losses and leverages its capital to earn underwriting income without retaining risk. Participants will learn when it makes sense for a captive to buy reinsurance.

In this course, topics covered include:

  • Captive reinsurance
  • Types of reinsurance
  • Regulation of reinsurance
  • Reinsurance agreements

Online course

In addition to self-paced reading and assignment work, students will be required to attend three webconference sessions, one pre-recorded lecture and complete one week of follow up assignments. 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: Thursday, October 28, 2021

Webconference one, Thursday, November 4th, from 12:00 – 1:15 p.m. ET
Webconference two, Thursday, November 11th from 12:00 – 1:15 p.m. ET
Webconference three, Thursday, November 18th from 12:00 – 1:15 p.m. ET

This course will be offered again in Spring 2022

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.