CONCEPT
Participants are introduced to the economic and accounting aspects of insurance technology at property insurers. The topics are relevant for employees in the property insurance sector, for managers and supervisory board members. The seminar is suitable for corporate employees to gain an overview of the corporate management of a property insurer.
In lectures, discussions, examples and exercises, the relationships are worked out and prepared for practical use. This enables a comprehensive understanding of property insurance technology as the basis for successful company management and a stable balance sheet.
In the area of reserving according to the German Commercial Code, the focus is on material loss and equalization provisions. Proportional and non-proportional reinsurance is presented using simple examples and their effect on the balance sheet is explained. The interpretation of the settlement results is another focus, as are the underlying tariffs and the individual premium components. Finally, the loss figures are interpreted and the scope for accounting is explained.
The participants
gain knowledge of the economic and HGB accounting aspects of insurance technology in the property and casualty insurer,
understand the approach to various balance sheet items as well as the impact of reinsurance, pricing and settlement results on the balance sheet and loss figures,
learn how the property and casualty insurer works and acquire practical knowledge for company management and accounting policy.
Market overview
Basics of insurance
Accounting / reservation according to HGB
Loss provision
Equalization provision
Profit and loss account
Financial Statement Analysis
Accounting leeway
Risk sharing and reinsurance
Reinsurance market
Basics of risk sharing
Proportional reinsurance
Non-proportional reinsurance
Compulsory / optional RV
Balance sheet impact of reinsurance
Tariffing
Objectives of tariffs
Premium components
Premium principles
Premium differentiation
Major damage
Balance in the collective
Claims settlement
Accrual year and settlement year
Settlement triangle
Settlement result
Relevant key figures
Cooperation between auditor and supervisory board
Target group:
Insurance employees and management of property and casualty insurers who want to understand insurance technology from the perspective of accounting and corporate management. In addition, cross-divisional corporate employees with interfaces to claims departments who want to get an overview of insurance technology at the property insurer. The topic is also suitable for the work of supervisory boards.
Participation fee:
The participation fee includes one lunch and coffee breaks per full seminar day as well as conference drinks and extensive working materials.
Current information:
If a face-to-face seminar is not possible due to the current situation, the seminar will be held as an online webinar. We will inform registered participants about any changes in good time in advance!
You can find our data protection information for participants here.