C54 – Marine Underwriting
Various components of hull and cargo policies are covered, including policy forms and clauses. Hull and cargo rating factors are discussed. The nature of protection & indemnity clubs is introduced. Energy and associated risks are reviewed. The use of reinsurance in managing a marine portfolio is covered.
Chapter Outlines:
- Underwriting hulls
- Underwriting cargo and liabilities
- Loss prevention
- Liability cover for owners and charterers
- Energy and associated risks
- Reinsurance
- Principal Institute Hull and Cargo Clauses
- War and Strikes Clauses
