CORE COURSE
5 CPE credits are available for the successful completion of this course.
Cost of course to non-designation students – $750
One of the key benefits of owning a captive is access to the reinsurance markets as a viable alternative to the retail commercial insurance markets. A captive can underwrite almost every line of business available from the retail commercial market and can also provide specialized coverage for unusual or hard-to-place insurance risks. These non-traditional risks may be mitigated by working with the more sophisticated reinsurance markets, which have a broader appetite for such risks when compared to the retail market. As a result, there has developed a partnership between captives and reinsurers in which unusual risks are “incubated” in a captive, while being supported in large part by the reinsurance industry as the risk’s experience develops.
In this course, participants will be introduced to program structures that can be used to manage retained risk. The course explores 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 how to make sure the captive operates like a real insurance company and when it makes sense for a captive to buy reinsurance.
Key course takeaways:
- Explain how reinsurance works in captives
- Identify different types of reinsurance
- Describe how reinsurance is regulated
- Discuss how facultative and treaty reinsurance agreements are written and how to interpret the information
Online course with weekly instructor-led webconferences
In addition to self-paced reading and weekly assignments, students will be required to attend three webconference sessions and complete a final exam.
Registration Deadline: October 23, 2025 or until full
Webconference one, Thursday, October 30, from 12:00-1:15 pm ET
Webconference two, Thursday, November 6, from 12:00-1:15 pm ET
Webconference three, Thursday, November 13, from 12:00-1:15 pm ET
Instructors for this offering are Aidan Kelly and Suzanne Sadlier
The next offering of this course will be in Spring 2026
For further details please contact at ICCIE at 802-651-9050 or info(at)iccie.org
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: www.learningmarket.org.
In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.