CIIG Advanced Diploma case studies

CIIG Advanced Diploma · Put your knowledge to work in context.

The CIIG Advanced Diploma is an advanced professional qualification for practitioners who already work in cargo insurance and want to deepen their technical expertise. It suits underwriters, claims adjusters, brokers, surveyors, and risk managers who handle international trade and marine cargo exposures. The CIIG Advanced Diploma case studies are 5 cases and about 5,167 words.

CIF Sale, Misdated Bill of Lading and Risk Transfer

Buyer in Rotterdam agrees CIF Rotterdam, Incoterms 2020, for 12 containers of machine parts at USD 1.4m. Seller tenders a clean on-board bill of lading dated 14 March and a documentary credit presentation under UCP 600.

1,019 words, about 5 min 2

Temperature-Controlled Vaccine Cargo: Packing, Inherent Vice and Delay

A consignment of 2,400 cartons of temperature-sensitive vaccines is insured under ICC(A) for USD 3.2m from Basel to Singapore, with a +2°C to +8°C storage condition. The shipper packed the cartons with 48-hour phase-change material (PCM) and a validated shipper, declaring 'packing suitable for airfreight' on the proposal.

1,073 words, about 5 min 3

Heavy-Lift Project Cargo: Accumulation, Capacity and Reinsurance

An underwriter receives a single cargo risk: one 780-tonne offshore wind nacelle plus blades, insured value USD 62m, to be carried on deck of a heavy-lift vessel from Aalborg to Taichung during August–September. The vessel will also carry two other project cargoes insured by the same underwriter: a 240-tonne transformer (USD 18m) and 14 modules (USD 31m), giving a total vessel accumulation of USD 111m.

991 words, about 5 min 4

General Average, Salvage and a Subrogation Time Bar

The container vessel MV Ardent suffers a main engine breakdown 380 nautical miles off Sri Lanka and drifts for four days in heavy swell. The master declares general average after a salvage tug (Lloyd's Open Form 2020) brings the vessel to Colombo.

1,013 words, about 5 min 5

Sanctions Screening, Delegated Authority and Reinsurance Disclosure

A London coverholder writes a cargo policy for a Singapore commodity trader covering 40,000 tonnes of Russian-origin aluminium ingots from Novorossiysk to Rotterdam, insured value USD 84m, under a binder delegated by a Lloyd's syndicate. The binder has a sanctions limitation and exclusion clause (CL 380 wording) and requires the coverholder to screen all parties against UK, EU, UN and US lists.

1,071 words, about 5 min