Title |
MII Technical Course in Liability Insurance |
Date |
18 – 19 June, 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 Liability 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 :
- identify and discuss the sources of legal liability and relate them to the types of liability insurance coverages available
- examine and discuss the scope of cover and exceptions under the various liability insurance policies and appreciate that different wording operate in the insurance market
- describe the various underwriting factors and hazards connected with legal liability risks and the various methods of premium rating
- discuss the methods of reinsurance related to the liability portfolio
|
Course Content |
- Introduction
- The Sources of Liability
- Doctrines of Interpreting Negligence
- Case Study : Legal Basis
- Types of Liability Insurance and their Scope of Cover
- Workmen’s Compensation Insurance
- Employer’s Liability Insurance
- Public Liability Insurance
- Comprehensive General Liability Insurance
- Excess Liability Insurance
- Umbrella Liability Insurance
- Others forms of Liability Insurance
- Case study: Comprehensive General Liability Insurance
- Export Products Liability Insurance
- Application Laws
- Coverage forms
- Claims experience
- Rating approach
- Reasons for the large awards
- Analysis of Coverage Specifics
- Policy Conditions
- Critical exclusions
- Warranties and Endorsements
- Scrutiny of proposals and assessment of risks
- Survey and risk improvement
- Base of Rating
- Case study: Public Liability Vs General Liability
- Reinsurance
- Difference between Property and Liability Insurance
- Difference between Public Liability Insurance and Comprehensive General Liability Insurance
- Portfolio Management
- Loss Trending
- Combine Loss Experience
- Permissible Loss Ratio
- Pricing for profit
- Profit Equation |
