Page 291 - M97TB9_2018-19_[low-res]_F2F_Neat2

11

Casualty reinsurance

Contents Syllabus learning
outcomes

Learning objectives
Introduction
Key terms
A Reinsuring a casualty account 10.1, 10.2, 10.3, 10.5
B Motor 10.1, 10.3, 10.5
C Personal accident 10.1, 10.3, 10.5

D Employers’ liability 10.1, 10.3, 10.5
E Workers’ compensation 10.1, 10.3, 10.5
F Public liability 10.1, 10.3, 10.5
G Products liability 10.1, 10.3, 10.5
H Professional indemnity 10.1, 10.3, 10.5 Reference copy for CII Face to Face Training
I Medical malpractice 10.1, 10.3, 10.5
J Trade credit, surety, political risks, fidelity insurance and bonds 10.1, 10.3, 10.5
K Miscellaneous risks 10.1, 10.3, 10.5
L Claims management 10.3, 10.5

Key points
Question answers
Self-test questions

Learning objectives
After studying this chapter, you should be able to:
• list the main categories of casualty business, together with their characteristics;
• discuss the underwriting considerations for each category of business;
• describe the use of different methods of reinsurance as they apply to casualty business;
• explain how accumulations of risk can arise from the combination of more than one class of casualty
business and the measures that can be taken; and
• discuss the problems and solutions surrounding the operation of casualty claims. Chapter

11