ANZIIF / SCI RISC

Reinsurance International Study Course (RISC)

The ANZIIF/SCI RISC Singapore is affiliated to the widely acclaimed Reinsurance International Study Course (RISC) of the Australian and

New Zealand Institute of Insurance and Finance (ANZIIF) in Australia.

It is a collaborative effort between the SCI and ANZIIF. The course, which is supported by the Monetary Authority of Singapore, is set to

become one of the main talent-building blocks within the SCI’s Reinsurance Talent Development Framework, which aims to develop and

expand the pool of reinsurance specialists and groom the next generation of leaders for the reinsurance sector in Singapore.

The ANZIIF/SCI RISC Singapore is an intensive mix of presentations from leading experts from the insurance and reinsurance industry, coupled with hands-on syndicated work exploring the fundamentals of reinsurance. It aims to provide delegates with a solid understanding of reinsurance in practice.

Syndicates analyse a fictional insurance organisation to design and test the optimal reinsurance programme. Delegates within their syndicate groups act as the executives of the insurance company, making recommendations regarding the optimal reinsurance arrangements for the insurer, culminating in a presentation of the proposal to a fictional Board. Syndicated learning requires delegates to work as a group analysing a typical reinsurance submission, coupling the needs of the portfolio and the corporate risk appetite to optimise the reinsurance programme.