Marine & Liability in Insurance and Reinsurance
This module will focus on:
COURSE 10: MARINE CARGO INSURANCE AND REINSURANCE
- History of Marine Insurance
- Marine Insurance – Legal Considerations
- Marine Cargo – Elements of Cover
- The Marine Cargo Insurance Policy
- Underwriting Consideration for Cargo Insurance
- Cargo Claim Management
- Marine Cargo Reinsurance Structuring
- Case Study
- Conclusion
- Test
COURSE 11: MARINE HULL INSURANCE AND REINSURANCE
- History of Marine Insurance
- Marine Insurance – Legal Considerations
- Marine Hull – Elements of Cover
- The Marine Cargo- Risk Factors
- The Marine Hull Insurance Policy
- Underwriting Consideration for Hull Insurance
- Hull Claim Management
- Marine Hull Reinsurance Structuring
- Case Study
- Conclusion
- Test
COURSE 12: BASIC LIABILITY INSURANCE AND REINSURANCE
- Principles, Legal Background and Definitions of Liability Insurance
- Motor Insurance
- Employers Liability Insurance
- Public Liability Insurance
- Products Liability
- Public and Products Liability: Losses Occurring and Claims made Basis
- Professional Indemnity Insurance
- Liability Insurance Claims
- Forms of Reinsurance
- Incurred But Not Reported Claims(IBNR) and Claims Inflation
- Underwriting information required by Reinsurers
- Past GNPI and Claims Experience
- Pliability Excess of Loss Reinsurance Clauses
- Case Study
- Conclusion
- Test
COURSE 13: ADVANCED LIABILITY INSURANCE AND REINSURANCE
- Definitions of Liability Insurance
- Professional Indemnity (PI) Covers
- Directors’ and Officers’ Liability (D&O)
- Environmental Liability Insurance
- Cyber Liability
- Reinsurance Structuring
- Reinsurance Structuring
- Case Study
- Conclusion
- Test