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Reinsurance Law

An Interactive 5-Day Training Course

Reinsurance Law

Understanding Risk Transfer in Global Markets

NASBA
Classroom Schedule
Date Venue Fees
18 - 22 May 2026 Paris $ 5,950
20 - 24 Jul 2026 Barcelona $ 5,950
05 - 09 Oct 2026 London $ 5,950
14 - 18 Dec 2026 Dubai $ 5,950

Course Summary

Reinsurance plays a critical role in managing risk within the global insurance industry, enabling insurers to distribute and mitigate exposures effectively. This training course provides a comprehensive exploration of reinsurance law, focusing on contractual structures, legal principles, and regulatory frameworks governing reinsurance transactions.

Participants will gain an in-depth understanding of traditional reinsurance mechanisms, as well as modern innovations such as insurance-linked securities (ILS) and alternative risk transfer (ART) strategies. The training course will also cover dispute resolution, contract interpretation, and compliance obligations across multiple jurisdictions, with a focus on the UK, EU, US, and international regulatory bodies.

As catastrophic risks—including climate change, cyber threats, and geopolitical instability—continue to reshape the risk landscape, reinsurance contracts must evolve to address these challenges. This training course will examine how key contractual clauses (such as "terms as original," "follow-the-settlements," and aggregation clauses) function in reinsurance agreements.

Participants will also explore the legal relationships between insurers, reinsurers, and third parties, ensuring they are equipped to handle disputes, claims processing, and compliance issues effectively.

By the end of this training course, attendees will have a strong grasp of reinsurance law, allowing them to structure, interpret, and manage reinsurance contracts with greater legal awareness and strategic insight.

This GLOMACS Reinsurance Law training course will highlight how to:

  • Gain a comprehensive understanding of reinsurance law and its role in global risk management.
  • Differentiate between types of reinsurance contracts and their legal implications.
  • Analyze key contractual clauses and their effect on risk transfer and liability.
  • Understand global regulatory frameworks for reinsurance transactions.
  • Explore emerging reinsurance trends, including responses to climate risk and cyber threats.
Course Outline
Day 1

Fundamentals of Reinsurance Law and Risk Transfer

  • Introduction to reinsurance law and its role in global insurance markets.
  • Understanding proportional vs. non-proportional reinsurance agreements.
  • Examining the key legal principles underpinning reinsurance contracts.
  • Overview of insurance-linked securities (ILS) and alternative risk transfer (ART) mechanisms.
  • Exploring the role of reinsurance in financial stability and global risk management.
Day 2

Contractual Frameworks and Key Clauses in Reinsurance Agreements

  • Understanding contract formation, performance, and enforceability in reinsurance.
  • Exploring key clauses, including: 'Terms as original' provisions, 'Follow-the-settlements' clauses, Aggregation clauses and event definitions.
  • Analyzing the legal relationship between primary insurers and reinsurers.
  • Examining the impact of contract wording on liability and claims handling.
  • Understanding contractual remedies for breach of reinsurance agreements.
Day 3

Dispute Resolution and Claims Handling in Reinsurance

  • Exploring common reinsurance disputes and their legal implications.
  • Understanding claims handling obligations under reinsurance agreements.
  • Examining arbitration, litigation, and alternative dispute resolution (ADR) in reinsurance law.
  • Analyzing subrogation rights and recoveries in reinsurance claims.
  • Understanding how judicial interpretations impact reinsurance contract enforcement.
Day 4

Regulatory and Compliance Considerations in Reinsurance

  • Overview of global regulatory frameworks governing reinsurance transactions.
  • Understanding compliance obligations under the UK, EU, and US regulatory regimes.
  • Examining Solvency II, IFRS 17, and other international regulatory requirements.
  • Exploring anti-money laundering (AML) and financial crime compliance in reinsurance.
  • Understanding market conduct rules and the role of regulatory bodies in reinsurance oversight.
Day 5

Emerging Trends and Future Challenges in Reinsurance Law

  • Analyzing the impact of climate change on reinsurance contract structures.
  • Understanding cyber risks and their implications for reinsurance agreements.
  • Exploring blockchain, AI, and digital transformation in reinsurance operations.
  • Examining alternative capital solutions and the rise of catastrophe bonds (CAT bonds).
  • Anticipating future regulatory developments and legal trends in reinsurance law.
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure
Related Categories
Contracts Management

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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