Underwriting is a process of assessing risk and decide if the risk is insurable risk or not and if it is insurable risk, determine the amount of premium to be charged. the aim of this course is to equip students about different underwriting styles available, the needs of materials facts assessment, different rating factors., different decisions underwriters took after assessment ( Underwriting Process), Insurance contract preparation ( wording of the policy) and the reasons why insurance company use proposal form as mean of gathering information related to the subject matter of Insurance.
At the end of this course, student should be able to prepare General Insurance Policy, explain different methodologies of rating and different exclusions available based on material facts related to the subject matter of Insurance.
Dear students,
This module aims to give students a practical understanding of how credit and lending decisions are made for business activities. Study will concentrate on establishment and development of the principles of different lending principles and different ways to broaden the consideration of risk analysis and reporting. This module finishes with the application of these principles to a series of practical lending situations and products. Relevant issues in credit policies, legal aspects and credit risk mitigation will also be considered.