Title

THE NUTS & BOLTS OF TRADE & CREDIT INSURANCE WITH AND OVERVIEW ON POLITICAL RISKS

Date

10 – 11 July, 2012

Duration

2 Days

Level  

Beginner/Intermediate / Advance

Time

9.00 am to 5.00 pm

Venue

Seri Pacific Hotel Kuala Lumpur
Jalan Putra
50746 Kuala Lumpur
Malaysia

Tel (603) 4042 5555
Fax (603) 4041 7236
E-mail: resv@seripacific.com
http://www.seripacifichotel.com

Trainer

1. Mr. Roy Sharma

Key Learning Outcomes           

Upon completion of the course, participant will be able to:

• Understand the issues pertaining to trade contracts and its terminology
• Understand the need for trade credit insurance, how it can help and grow a business.
• Describe the basic trade credit and political risk principles and the risk that it covers.
• Highlight the factors that underwriters take into consideration when analyzing and assessing the risk exposures
• Highlight the main claims conditions and reporting procedures that apply to the policy

Key Course Contents

1. Trade Contracts
   - Basic Principles
   - Some Important Contract Conditions
   
   
2. Incoterms
   - Terms of Delivery
   - Export Documentation
   
   
3. Terms and Security of Payment
   - Payment Terms
   - Security of Payment
   - Letters of Credit & Bills of Exchange
   
   
4. Risks Insured
   - Basic Trade Credit Principles
   - Commercial & Political Risks
   - Indemnity Level
   - Claims Waiting Periods
   - What is not insured
   
   
5. Structures of Cover
   - Underwriting, Credit Risk
   - Risks attaching/Loss Occurring
   - WTO Minimum Retention/Threshold
   - Line/Specific Accounts/AFL/Catastrophe
   
   

Who Should Attend

Personnel from Federation of Malaysian Manufacturers, Banking & Finance sector as well as Insurance Industries, Malaysian Credit Association, and Malaysian Institute of Accountants.

Course Fee

Fees Category

LOCAL

INTERNATIONAL

Single Registration

RM 1,340

USD 600

Group Registration

20% Discount will be given to the fourth and subsequent registration