FANews
FANews
RELATED CATEGORIES

The practical application of EML and MPL to property reinsurance cessions and facultative placements

06 May 2020 The Insurance Institute of South Africa NPC

We will be hosting a session on the practical application of EML and MPL to property reinsurance cessions and facultative placements live and online on the 12th of May. We would appreciate it if you could share it on your social media platforms website or via email newsletter.

I have attached a graphic and included text below if you are able share.

The concepts of Estimated Maximum Loss (EML) and Maximum Probable Loss (MPL) are very critical in the underwriting of property and engineering risks. It is very important to fully understand how these two concepts differ and also how they are applied in real life. Wrong application of the EML or MPL can have devastating consequences for an underwriter and their company.

Book your place at https://mms.iisa.co.za/secure/events/rsvp/61/0/121

Members: R288.00 including VAT
Non-Members: R403.00 including VAT

 

Quick Polls

QUESTION

The South African authorities are hard at work to ensure the country is removed from the global Financial Action Task Force grey-list by February or June 2025. What do you think about their ongoing efforts?

ANSWER

But what about the BRICS?
Compliance burden remains, grey-list or not.
End-2025 exit is too optimistic.
Grey-list is the new normal.
Too little, too late.
fanews magazine
FAnews October 2024 Get the latest issue of FAnews

This month's headlines

The township economy: an overlooked insurance market
FSCA regulates crypto assets: a new era for investors
Building trust: one epic client experience at a time
Two-Pot System rollout underlines the value of financial advice
The future looks bright for construction
Subscribe now