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16            W01/March 2017  Award in General Insurance



                         5:  Good faith

                         A Principle of utmost good faith                                         5/3
                         B Duty of disclosure                                                     5/3
                         C Material facts                                                         5/6
                         D Consequences of non-disclosure and misrepresentation                   5/9
                         E Compulsory insurances                                                  5/11


                         6:  Proximate cause

                         A Meaning of proximate cause                                             6/2
                         B Modification by policy wordings                                        6/4


                         7:  Indemnity
                         A Definition of indemnity                                                7/2

                         B Application of indemnity                                               7/4
                         C Measuring indemnity                                                    7/4
                         D Modifying indemnity                                                    7/7
                         E Limiting factors                                                       7/8


                         8:  Contribution and subrogation
                         A Contribution                                                           8/2
                         B Application of the principle of contribution                           8/4
                         C Subrogation                                                            8/6            Reference copy for CII Face to Face Training

                         D Insurer’s subrogation rights                                           8/7
                         E Insurer’s rights concerning subject-matter                             8/8
                         F Precluded subrogation rights                                           8/9


                         9:  Insurance regulation
                         A Role of the insurance regulator                                        9/2

                         B International Association of Insurance Supervisors (IAIS)              9/5
                         C Capital adequacy of insurers                                           9/7
                         D Combating financial crime                                              9/9
                         E Fraud                                                                  9/14


                         10: Ethics, corporate governance and internal controls
                         A Ethical standards                                                      10/2
                         B ‘Fit and proper’ requirements                                          10/4
                         C Internal control system                                                10/6

                           Appendix 10.1: CII Code of Ethics                                      10/15


                         Self-test answers                                                        i
                         Cases                                                                    xi
                         Statutes                                                                 xiii
                         Index                                                                    xv
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