
Financial and Accounting Analysis for Insurance Companies
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1- Online Training...with international accreditation. The value of participation per person is €1,450
2-Requirement : specifying the course, number of participants
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Financial and Accounting Analysis for Insurance Companies
Introduction :
Course Objectives :
At the end of this course, the participants will be able to :
- Explaining the steps of the Documentary cycle for issuances in insurance companies
- Explaining the types of technical allocations of insurance companies
- Studying the items of calculating revenues and expenditures in the life and general insurance branches
- Explaining the accounting treatment for reinsurance operations
- Statement of items for calculating profits and losses and the statement of income in insurance companies
- How to distribute profits in insurance companies
- Explaining the list of financial position (balance sheet) of insurance companies
- Identifying the role of the auditor and Actuarial expert in insurance companies
- The importance of financial ratios used in insurance companies
Targeted Audience :
The managers, their representatives, their assistants, the candidates to do their jobs, and those who work in commercial, Islamic, reinsurance, insurance companies
Course Outlines :
The types of accounting books in insurance companies
- The importance of matching the designed system to the nature, circumstances, size, and operations of the insurance companies.
- The compliance of the designed system with the regulating rules of the insurance companies.
- The flexibility, simplicity, and the clarity in designing documents and documentary cycle for the different insurance processes.
- The possibility of dividing the work among the employees to ensure the responsibility of each of them and to apply the internal control system in the company.
- The availability of data to meet the needs of the insurance company department and the agency for evaluating performance.
- External, supervisory, control and performance appraisal devices
- The economical aspect of the system in order to make the return after the application is more than the cost.
Documentary cycle In insurance companies
- External, supervisory, control and performance appraisal devices
- The suitable way to be applied in insurance companies and that is due to its various operations
- The process of collecting or cash payment, where one is allocated for receipts and another one to payments
- Conduct central journal entry with total auxiliary journals in all sections of insurance companies.
- Technical allocations, its importance, types, how its formed, and their accounting treatment
The definition of Technical Allocations:
- The location of technical allocations in the administrative organization of insurance companies
- Technical allocations for people insurance and money creation
- Accounting allocation
- Allocations for claims under payment
- Technical allocations for property and responsibilities
- Allocations for effective risks
- Allocation for claims under compensation
- Allocation for adverse fluctuations
Accounting of revenues and expenditures in the life and general insurance branches
- The different definitions of insurance
- The history and evolution of insurance
- The importance of insurance
- The characteristics of insurance
- Accounting course in insurance companies
- Documentary group
- Ledger Group
The importance of financial analysis tools and the performance evaluation for insurance companies:
- The increase in insured units and its number, and not just stopping at the increase in the annual installments
- The geographical spread of the company, nationally and internationally.
- The increase in installments that take place after insurance deals and the increase in its percentage and number in the company’s portfolio.
- Having a practical marketing policy, applying it and measuring its results.
- The effort made to spread the insurance culture.
- The financial ratios used to measure the performance of insurance companies
- Solvency pointers for insurance companies
- The rules of evaluating the performance and the steps that it goes through
The system for evaluating financial performance
- Understanding the system for evaluating financial performance
- The factors that affect the evaluation of the financial performance
- Percentages and pointers the the evaluation of the financial performance
- The financial percentages used in the evaluation of the financial performance
- Analysis using financial balance pointers
- Analyzing the financial percentages
Analyzing the level of financial liquidity that insurance companies have
- Funding structure
- The effectiveness of debt collection
- The percentage of profit
- The methods of calculating trade rate
- The methods of calculating receivables turnover and average
- The methods of calculating the rotation of the operation capital
European Business Center Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the European Business Center for Training and Development … which has the ISO certificate in quality No. 9001/2015 from the English international company UKAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
European Business Center for Training and Development has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.






