_logo_1618977560081.jpg "Institute of Professional Education And Knowledge (PEAK)"){kind=logo}
Course Information
Schedules
- 11 Mar 2026 (Wed) - 13 May 2026 (Wed) 6:45 PM - 9:45 PM
Registration period
9 Feb 2026 (Mon) - 10 Mar 2026 (Tue)
Price
HKD 4,120
CEF Reimbursable
CEF Reimbursable
Course Level
Study Mode
Duration
30 Hour(s)
Language
English
Location
-
2 views
Course Overview
Entry Requirements:
- Five HKDSE subjects at Level 2 or above, including English Language and Chinese Language with 2 or more years’ relevant full-time work experience; OR
- Five HKCEE subjects at Grade E / Level 2 or above, including English Language** and Chinese Language with 3 or more years’ relevant full-time work experience; OR
- Equivalent
- Mature applicants, i.e. those aged 23 or above, with 2 or more years of relevant full-time work experience may also be accepted subject to a satisfactory admission interview.
** HKCEE English Language taken in 2006 or before should be at Grade E orabove (Syllabus B) / Grade C or above (Syllabus A)
Continuing Education Fund
This course has been included in the list of reimbursable courses under the Continuing Education Fund (CEF). CEF claimants would be eligible for fee reimbursement upon their successful completion of any 4 modules selected from PDI (CEF Course Code: 33F11053A), with the fulfillment of both the minimum attendance requirement of 70% AND 50% or above of the overall mark for each of the 4 modules. This course is recognised under the Qualifications Framework (QF Level 4).
What You’ll Learn
Learning Outcomes
evaluate insurable risks and suggest ways for loss prevention in regard to different types and nature of risks;
assess moral and physical hazards under different business activities and recommend underwriting policy with appropriate premium, terms and portfolio management;
apply basic working knowledge of different forms and types of reinsurance contracts and the relevant reinsurance market practice; and
propose suggestions in managing claims services by applying principles of insurance law and claims for different disputes and claims settlement scenarios.
Learning Contents
Principles of rating and underwriting
- Nature of statistical base of insurance
- Risk data and insurance database, big data
- Rating structure as a means of obtaining and maintaining business
- Use of data to calculate pure risk premium
- Factors involved in pricing of insurance
- Premium equation
Risk assessment and underwriting of different types of Insurance
- Scope of cover
- Physical and moral hazards
- Standard and non-standard risks
- Assessment of risks for underwriting
- Factors for premium loading or reduction
- Reassessment of risks on renewal
- Underwriting philosophy including underwriting cycle and portfolio underwriting
Risk evaluation and loss prevention
- Reasons for risk surveys
- Characteristics of insurance surveyors' reports
- Nature of recommendations and requirements from surveyors
- Principles of loss prevention and risk reduction, including fire wheel, fire & theft protection
Reinsurance
- Purpose, type and method
Claims
- Legal principles relating to claims
- Key information on claim forms and reports
- Role and functions of adjusters and assessors in claims settlement
- Settlement of disputes including The Insurance Complaints Bureau, negotiation, mediation and arbitration
- Review ofclaims performance
