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MARINE INSURANCE PRACTISES COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
DLP206 MARINE INSURANCE PRACTISES 3 2 2 5

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Description the concept of "insurance". Risk and insurable risks. The marine risks. Defination of risk; for ships and cargoes.
Actors of Marine Insurance; Lloyd, Re-insurance companies and marine insurance brokers
Protect and Indemnity (P&I) Insurance; concept, risks and coprehensiveness.
Hull and Machinery (H&M) Insurance; concept, risks and coprehensiveness.
War Risk Insurance; concept and definitions