Programme Index
National Insurance Academy, Pune | Insurance Technical (Non-Life)

P068 | Integrated Specialty Lines: Marine Hull, Aviation and Oil & Energy Insurance (Non-Life)

Academic Year 2026-2027

Duration
2 Days
Scheduled Dates
10 Sep 2026 - 11 Sep 2026

Background

Growing national hull tonnage, aviation fleet additions (airlines, general aviation, drones/UAS), and expanding oil & energy activity (offshore and onshore) have increased the need for technically sound underwriting, risk management, and claims handling across specialty lines. This programme develops cross domain fluency-from Marine Hull into Aviation and Oil & Energy-so that practitioners can place, assess, and manage complex risks, support loss prevention, and align reinsurance strategies for a resilient, profitable portfolio.

Learning Objectives

  • Develop and manage a Marine Hull portfolio - Understand Marine Hull Terminologies, Develop a strong and sound risk selection techniques, pricing, and reinsurance strategies.
  • Apply core underwriting procedures and clause level knowledge to Marine Hull, Aviation, and Oil & Energy risks.
  • Strengthen claims capability - from notification till settlement, salvage/GA/SCOPIC in Marine; major loss handling in Aviation; and control of well/complex BI in Energy.
  • Navigate legal and regulatory regimes (Indian and international) that shape coverage, liability, and recovery.
  • Use risk engineering and loss prevention frameworks, surveys, and checklists to improve profitability.
  • Interpret and negotiate key wordings/endorsements (Institute/International/Market clauses) and understand cyber, war, and sanctions provisions.
  • Leverage reinsurance (proportional and non proportional; facultative) to protect specialty portfolios.

Key Contents

  • Marine Hull:
  • Intro & Market: hull vs. cargo vs. P&I; vessel types; ports & protocols
  • Legal & Liability: Marine Insurance Act (India), Merchant Shipping, Admiralty, GA & Salvage (LOF/SCOPIC), pollution and wreck removal regimes
  • Classification & Risk Surveys: class notations; hull/machinery risk; operational practices
  • Clauses: Institute Time Clauses (Hulls), International Hull Clauses; fishing/sailing/inland vessels; war & strikes; cyber and sanctions endorsements
  • Underwriting & Rating: data sets, rate build up, deductibles, APs, lay up, trade warranties; Indian market Hull Manual insights
  • Claims: reporting, surveyor appointment, unrepaired damage, adjustment process, recoveries; GA apportionment
  • P&I Overview: risks covered, membership, calls, claims payment, FD&D, interaction with hull insurance
  • Aviation Insurance (Comprehensive):
  • Market & Assets: airline, GA, helicopters, spares, lessors, MROs, airports
  • Legal & Liability: Indian (DGCA) + Montreal regime; third party liability; products liability (high level)
  • Wordings: Hull All Risks, Liability, war buy backs, lessor interests; sample AVN/London Market endorsements (illustrative)
  • Underwriting: fleet profile, MTOW, routes, maintenance, SMS, pilot/crew; pricing levers and line sizes
  • Claims: FNOL, salvage/recovery, total loss/partial loss, liability settlement, subrogation
  • Emerging Risks: UAS, cyber exposures, war/terror impacts; airport liability
  • Oil & Energy (Offshore & Onshore):
  • Risk Landscape: MODUs, FPSOs, subsea, pipelines; refineries, LNG, terminals
  • Policy Forms: WELCAR 2001 (construction), energy package (operational), Control of Well/OEE, pollution, debris removal, BI/ALOP
  • Underwriting: HSE, process safety, ignition sources, NATCAT, PML/EML, contractor management
  • Claims: blowout, fire/explosion, pollution cleanup, control of well cost heads, BI quantification
  • Contracts & Risk Transfer: knock for knock, JOAs, indemnities; sanctions/cyber/war endorsements

Who Should Attend

  • Underwriting & Claims officials handling Marine (Hull), Aviation, and Oil & Energy portfolios-Head Office, Regional, and Operating Offices in Indian (PSU & Pvt Insurers) and foreign (re)insurers and brokers.
  • Loss adjusters, surveyors, and risk engineers seeking structured cross line upskilling.
  • New joiners to specialty lines or practitioners transitioning from property/casualty to specialty.

Programme Enquiry

National Insurance Academy
25, Balewadi, Baner Road, NIA P.O., Pune 411 045 India
+91-20-27204053  |  programoffice@niapune.org.in
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