Best Practice in Annual Returns and Account in Insurance Company

Date Format Fees  
30 Jan - 02 Feb, 2024 Classroom ₦300,000 Register
25 Jun - 28 Jun, 2024 Classroom ₦300,000 Register
15 Oct - 18 Oct, 2024 Classroom ₦300,000 Register
30 Jan - 02 Feb, 2024 Classroom ₦300,000 Register

Event Details

This insurance course is designed to help kick off the processes related to annual returns and account insurance. It is aimed at not only preparers and users of accounts but also implementation team members and will help them get to grips with reinsurance by providing, at the very least, initial working knowledge of the rules, how the numbers are constructed and presented and the story that they are telling.




  • Annual Returns and Accounts
  • Accounting Period and Filling Fees
  • Insurance Levy Returns and Recovery of 1% Levy on Approval-In-Principle to Insure Abroad
  • Approval of Annual Returns and Dividend
  • Admissible Assets and Liabilities
  • Age Analysis of Outstanding Claims
  • Trade Receivables (Age Analysis of Trade Receivables)
  • Impairment and Quarterly Returns
  • Off-Shore Operations, Penalties, Disclosure and audit
  • Claims Reserving Methods and Documentation



  • Responsibilities of Board of Directors on Investments
  • Investment Policy
  • Assets and Liabilities Management
  • Investment Management Committee and Investment Departments
  • Stress Testing and Asset Allocation
  • General Requirements: Policyholders’ Fund, Shareholders’ Fund
  • Investment of Proceeds of Capital Raising
  • Investment Accounting and Reporting



  • Reinsurance Arrangements and Exposure Limits
  • Reinsurance Treaties/Arrangements (Except Oil and Gas)
  • Reinsurance Arrangement (Oil and Gas Insurance)
  • General Requirements for Foreign Facultative Reinsurance Arrangements
  • Requirements for Approval-in-Principle to Reinsure Abroad (AIP
  • Requirements for No Objection
  • Requirements Letter of Attestation



The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their dutie

  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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