Title |
MII Technical Course in Reinsurance – Treaty Wording |
Date |
23 – 24 May, 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 Reinsurance
- 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 :
- Outline the legal aspects governing the Contract Wording for Treaty Reinsurance.
- Understand how to prepare contract wording
- Identify the major contract wording error
- Complete a checklist for drafting
- Proof read contract wording
- Complete contract wording with all clauses indexed
- Understand the greatest potential pitfalls
|
Course Content |
- Legal Aspects
- Understanding the Treaty Slip
- Structure of Treaty Contract Wording
– Preamble
– Business Clauses
– Accounting Clauses
– Exclusion Clauses
– Other Clauses
- Proportional Wording
- Non-Proportional Wording
- Purpose and application of these clauses
- Preparing the Draft Wording
- Practical Exercises
|
