Title |
MII Technical Course in Marine Cargo Insurance |
Date |
18 – 19 April, 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 :
- enhance their understanding of various cover of Marine Cargo and underwrite risks prudently
- draft the open covers of Marine Cargo policies
- look for relevant underwriting factors/consideration in risk assessment and rating
- analyse Marine Cargo portfolio explain what Commodity Trade Clauses are all about and their application
|
Course Content |
- Overview of Marine Cargo Market
- Development of Marine Insurance
- Why the need of Marine Insurance?
- Principles of Marine Insurance
- Marine Insurance Act 1906
- Who may insure-Incoterms?
- Types of Marine Policies
- Analysis of Cargo Clauses
- Institute Cargo Clauses (A), (B) and (C)
- Institute War Clauses (Cargo) and (Air Cargo)
- Institute Strikes Clauses (Cargo) and (Air Cargo)
- Analysis of Commodity Trade Clause
- Timber, Frozen Food, Frozen Meat, Bulk Oil
- Non-Institute Clauses
- Underwriting consideration
- Transportation Hazards
- Policy Drafting
- Rating and Quotation
|
