Title |
MII Basic Course in Introduction to Insurance |
Date |
1 - 2 August, 2012 |
Duration |
2 Days |
Level |
Basic |
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 |
- New Entrants
- Insurance Industry Personnel
- Non-insurance personnel whose work require a basic understanding or a practical knowledge of the subject
- Anyone who requires basic knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will be able to :
- explain the basic concept of risks, insurance, risk management and reinsurance
- understand the fundamental insurance principles and their application
- describe the overview and structure of the Malaysian Insurance market
- understand the local Market Tariff and Market Agreements
- describe the various products of insurance available in the market
|
Course Content |
- Basic Concepts
- The concept of Risk
- Risk Management
- Insurable Risks
- Concepts of Insurance
- Functions of Insurance
- Legal Aspect of Insurance
- Basic Principles of Insurance
- Insurable Interest
- Utmost Good Faith
- Indemnity
- Subrogation and contribution
- Doctrine of proximate cause
- Insurance Act
- Law of Contract
- Insurance and Reinsurance
- The various classes of insurance
- Need for Reinsurance
- Types of Reinsurance
- Insurance Market
- History of Insurance
- Market Structure
- Tariff Regulation
- Inter-Company Agreements
- International Market of Insurance
|
