Syllabus: Maritime Insurance
Unit Title Maritime Insurance
Unit Code MI- 0309
Level Advanced Diploma
Credits 20
Main Aim(s) of the Unit
This unit will familiarise students with the key principles of Marine Insurance and will also provide a clear understanding and knowledge of the key areas of general transport insurance markets.
Main Topic(s) of Study
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Learning Outcomes
Upon successful completion of the course students will be able to:
- Advise on the origins and history of marine insurance.
- Describe the purpose and function of the insurance markets.
- Explain the procedures that may affect insurance decisions
- Understand the relevant Acts which provide the rules governing marine insurance.
- Explain the concepts of damage and loss and assess the implications.
- Discuss the main features of average and extraordinary loss.
Learning and teaching methods/strategies
Learning takes place on a number of levels through lectures, class discussion including problem review and analysis. Formal lectures provide a foundation of information on which the student builds through directed learning and self managed learning outside of the class. The students are actively encouraged to form study groups to discuss course material which fosters a greater depth learning experience.
Assessment method
Examination 100%
Indicative Reading for this Unit
Main Text
Reeds Marine Insurance, B. Jervis (MacMillan)
Alternative Text and further reading
Marine Insurance Vol 1 Principles and Basic Practice R.H.Brown ( Witherby )
Applications
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