Global Trade and Marine Insurance syllabus
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Global Trade and Marine Insurance
9 units
1 Introduction to Marine Insurance (6 LHs)
2 Cargo Insurance (5 LHs)
4 Marine Liability Insurance (6 LHs)
5 Marine Claim (5 LHs)
6 Recoveries under Subrogation (5 LHs)
7 General Average and Salvage (5 LHs)
8 Inland Marine Insurance (5 LHs)
9 Global Trade and Marine Insurance Market (5 LHs)
1. Introduction to Marine Insurance (6 LHs)
- Marine insurance concept, characteristics and subject matter
- Principles and role in global trade
- Oceanic and inland marine insurance
2. Cargo Insurance (5 LHs)
- Vessel and voyage or transit
- Cargo nature, packing and containers
- Insurance conditions
3. Hull Insurance (6 LHs)
- Policy documents and covered perils
- Pollution hazards and duty of the assured
- Collision liability and sister ship
- Termination and port risk
- Fishing vessel clauses and vessel tariffs
- Sue and labor charges and recoverable amount
4. Marine Liability Insurance (6 LHs)
- Underwriting and coverage
- Claims and settlement
- Marine liability versus general liability insurance
5. Marine Claim (5 LHs)
- Marine cargo claims
- General average loss
- Duties of the assured
- Claims payable abroad
6. Recoveries under Subrogation (5 LHs)
- Carriage of goods by sea, rail and road
- Liability of port and postal authorities and customs
- Guidelines and directives
7. General Average and Salvage (5 LHs)
- Background and contributory interests and values
- Amount made good and general average
- Salvage
8. Inland Marine Insurance (5 LHs)
- Concept, history, tariffs, coverage and conditions
- Policy wording
- Inland marine insurance in Nepal
9. Global Trade and Marine Insurance Market (5 LHs)
- Trade and transportation
- Marine insurance market and prospects
- Major marine-insurance issues