Finance and TreasuryShort Term Insurance Products and Portfolio Management
A short term book can look profitable for two years and then absorb its accumulated margin in a single storm season, because the exposure that mattered was never measured. This course covers running the book rather than selling it. Delegates work through the main classes of business, motor, property, liability, engineering and marine, and the loss behaviour each exhibits. Rating is covered, including the factors that genuinely predict loss and the ones retained out of habit. Aggregation and accumulation are addressed directly, since geographic concentration is what turns a weather event into a solvency question. Policy wording, exclusions and the ambiguity that is read against the insurer are covered. Loss ratios, expense ratios and the combined ratio follow. Portfolio remediation is addressed, including repricing, restricting cover and exiting a segment. Reinsurance recoveries are covered as part of portfolio economics. The course closes on renewal strategy and on growing a book without buying losses.
Course objectives
- Describe the loss behaviour of motor, property, liability, engineering and marine classes
- Rate on factors that genuinely predict loss
- Measure aggregation and geographic accumulation
- Draft and interpret wordings and exclusions knowing ambiguity favours the insured
- Analyse loss, expense and combined ratios
- Remediate a portfolio through repricing, restriction or exit
- Account for reinsurance recoveries and grow a book without buying losses
Who should attend
- Short term insurance underwriters and portfolio managers
- Product and pricing specialists at insurers
- Insurance brokers advising commercial clients
- Risk and actuarial staff supporting general insurance
- Regulators and auditors reviewing general insurance books
Course outline
- 01Two profitable years and one storm season
- 02Classes of business and their loss behaviour
- 03Rating factors that predict loss
- 04Aggregation and geographic accumulation
- 05Wordings, exclusions and ambiguity
- 06Loss, expense and combined ratios
- 07Portfolio remediation and exit
- 08Reinsurance recoveries, renewal strategy and growth
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 25 to 27 November 2026 | Maputo, Mozambique | Classroom | USD 995 per delegate | Register Now |
| 30 December 2026 to 1 January 2027 | Dar es Salaam, Tanzania | Classroom | USD 995 per delegate | Register Now |
| 1 to 3 March 2027 | Online | Online | R6,500 per delegate | Register Now |