Question: 2. In order to understand the considerations which will weigh with an underwriter or company in deciding to accept a risk, it is worth examining

2. In order to understand the considerations
2. In order to understand the considerations which will weigh with an underwriter or company in deciding to accept a risk, it is worth examining the type of information they are likely to require. Explain in detail the relevant information that would be required. 20 Marks 3. As a Risk Management Consultant, explain to upcoming Underwriters why the concept of Risk Management is key to their cardinal function of Underwriting Marine Insurance. 20 Marks 4. Explain in detail the Principle of Insurable Interest and all that it entails. 20 Marks 5. Compare and Contrast the similarities (if any) and differences between Actual Total Loss and Constructive Total Loss 20 Marks 6. There is the School of Thought that strongly suggests that P & I Clubs are no longer relevant in the current shipping dispensation. Advance arguments in either support or against this assertion as your personal position on the matter. 20 Marks

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