Title |
MII Technical Course in Marine Cargo Claims |
Date |
17 – 18 October, 2012 |
Duration |
2 Days |
Level |
Intermediate |
Time |
9.00 am to 5.00 pm |
Venue |
The Malaysian Insurance Institute
MII City Centre
S17-S28, 2nd Floor,
Maju Junction Mall
1001 Jalan Sultan Ismail
50250 Kuala Lumpur |
Trainer |
TBA |
Who Should Attend |
- Insurance Industry Personnel who have basic knowledge in Insurance or basic knowledge in Marine Cargo Insurance
- Non– insurance personnel whose work require an understanding or practical knowledge of the subject
- Anyone who require knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will be able to :
- apply the principles of insurance applicable to marine cargo claims
- comprehend various coverage found under marine cargo insurance
- deal with the procedural aspects and documentation of marine cargo claims and claims reserving
- handle ‘recoveries’ from the carriers and collection under General Average
|
Course Content |
- Application of principles of insurance to Marine Cargo
Insurance
- Marine Cargo Insurance coverages and application of relevant
sections of Marine Insurance Act 1906
- Analysis of Institute Cargo Clauses (A), (B) and (C)
- Institute War Clauses (Cargo)
- Institute Strikes Clauses (Cargo)
- Institute Air Cargo Clauses
- Institute Trade Clauses
Commodity Trade Clauses
FOSFA Trade Clauses
Rubber Trade Clauses
Bulk Oil Clauses
Timber Trade Clauses
Frozen Food Clauses
Frozen Meat Clauses
- Open covers, floating policies and open policies
Terms and Conditions for cargo contracts
Distinction between open covers, floating policies and open
policies
- Seller's interest policy
- Increased value insurances
PP.I. Policy
Insurance of Duty
- Claims procedure and documentation
- Particular Average Claims
- Actual and constructive Total Loss
- General Average Claims
Application of York-Antwerp Rules
- Salvage Changes
- Sue and Labour Charges
- Survey Reports
- Problems of Containerisation
- Settling agents
- Practical Adjustments (Case Studies)
- Recoveries under subrogation rights and salvage disposal
- Carriers' liability under Carriage of Goods by Sea Act
- General Average recoveries
- Salvage disposal
- Claims Reserving |
