P212 - PROGRAMME ON MANAGEMENT OF MARINE INSURANCE CARGO
(NON-LIFE)
Background
Marine
Insurance, besides being the oldest form of insurance, is also a vast and
fascinating subject. It is unique, as it is conceptually different from
other classes of insurance. Marine Insurance Business is mostly international
and subject to marine laws, conventions and practices in all stages of
operation. Handling of the subject requires knowledge and skills not only in the
realm of insurance, but also other fields including maritime practices
& laws, trade, economies, culture, natural resources, geographies,
nature of commodities, mode of packing, transportation, different types of
claims, marine recoveries. This programme has been designed to cover
various aspects of Marine Insurance which would help participants to
achieve better underwriting and claims management.
The programme aims to equip participants with the requisite knowledge and expertise required to build and enhance their understanding of marine insurance including terminology, concepts, laws, type of risks, business practices, risk management, policies, clauses underwriting, reinsurance, claims and recovery.