Introduction to and history and sources of insurance law -- Basis of insurance -- Object of insurance: insurable interest -- Essentials of a contract of insurance -- Formation of an insurance contract -- Requirements for a valid contract of insurance -- Misrepresentation -- Contents and interpretation of an insurance contract -- Nature and operation of obligations arising from an insurance contract -- Risk -- Vesting and contents of claim to indemnification or satisfaction; enforcement of claim -- Premium -- Insurer's rights based on warranties -- Insurer's right to subrogation and salvage -- Rights and duties of third parties under an insurance contract in favour of a third party; cession and assignment -- Performance and reinstatement by the insurer; termination of the insurance contract -- Insurance intermediaries -- Double insurance, over-insurance, under-insurance and reinsurance -- Short-term insurance, including marine insurance -- Long-term insurance -- supervision of insurance business.