Official NUC CCMAS syllabus

INS 202 — Insurance Underwriting Management

INS department course · Nigerian universities

What you'll be able to do (official learning outcomes)

• appreciate the fundamentals of underwriting in insurance
• explain the development of risk premium
• apply statistical modelling techniques in underwriting
• demonstrate the procedure for developing quoted premiums; and
• discuss the underwriting operations in insurance companies

Course contents

Selection of class of business and design of products. Establishment of criteria for policy terms, use of excesses, deductibles, loadings and incentives (e.g., long-term agreement no-claim discount profit commission), first loss, scheme underwriting.

Source: the Nigerian Universities Commission (NUC) Core Curriculum and Minimum Academic Standards (CCMAS). StudyOps loads this syllabus automatically when you study INS 202.

More INS courses

• INS 101 · Introduction to Insurance
• INS 102 · Principles and Practice of Insurance
• INS 201 · Law of Tort
• INS 203 · Life Assurance
• INS 204 · Systems Analysis and Design
• INS 205 · Insurance Broking
• INS 207 · Introduction to Information Systems
• INS 301 · Risk Management I
• INS 302 · Risk Management II
• INS 303 · Property and Pecuniary Insurance I
• INS 304 · Property and Pecuniary Insurance II
• INS 305 · Management Theory