Insurance is an increasingly important tool for the management of risk by both private and public enterprises. This course, at an advanced level, is intended to introduce students to the theoretical and practical challenges that face the Insurance Companies or the business of insurance in the Commonwealth Caribbean. The course traces the historical development of Insurance Law to current trends and challenges facing the Insurance Industry in general and in particular the Commonwealth Caribbean. The course also examines the practical difficulties of companies which engage in “insurance business” as a part of the enterprise but without registering under the relevant Insurance Act thereby escaping the rigours of Insurance legislations and presenting obvious problems for regulators.
The course also examines such theoretical problems encountered by insurance law as:
1. The application of the basic principles of contract formation to Insurance Contracts; and
2. The issue of misrepresentation and non-disclosure.
In addition the course examines principles of insurance law in the context of specific types of insurance including life, indemnity and third party insurance. Other topics covered are insurable interest, the status of the beneficiary, subrogation (double insurance and contribution), policy interpretation, the claims process and the role of the insurance broker.
Faculty of Law
The University of the West Indies St. Augustine Campus
Cost(including Compulsory Fees): USD 1,746
- Pre-Requisites: A Bachelor’s degree in a related discipline
- Course Credits: 6
- Assessment: 25% Research paper, 75% Final Examination
- Duration: Lectures: January 27 to April 11, 2025
- Lecture Time:
- Lectures: Online
For More Information, Contact: law@sta.uwi.edu
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