Basel Course and Its Impact on Transport Insurance
Online 300-hour course on Basel and its impact on transport insurance. 6 modules covering Basel III (Basel Committee on Banking Supervision), Regulation (EU) 575/2013 (CRR) and Advanced Excel. Assigned tutor and open enrolment.
Basel Course and Its Impact on Transport Insurance — studying from Singapore
Singapore is a major insurance and reinsurance hub in Asia, regulated by the Monetary Authority of Singapore. Engineering skills support risk modelling, catastrophe analysis, data analytics and actuarial work for insurers and reinsurers. The sector draws on data science and quantitative methods, with demand from insurers, brokers and risk consultancies. The city's financial ecosystem makes it a common base for global risk and actuarial teams.
Fees for Singapore: S$780 (Singapore dollar), with instalments and employer sponsorship available.
Relevant bodies in Singapore
Typical roles
Questions from Singapore
Will this qualification be recognised by professional bodies in Singapore?
SEIUM's qualifications are private, not official state degrees, and are not accredited by any national body. In Singapore, actuarial work is linked to the Singapore Actuarial Society, and insurance is regulated by the Monetary Authority of Singapore. Recognition of a private qualification is decided by employers or the relevant body, so confirm with them directly before you enrol.
How might this training be used by employers in Singapore?
Singapore's insurance, banking and risk functions employ people with analytical and data skills. An engineering-based risk and data programme may complement such roles, but it does not guarantee a position or a specific career outcome. Employers usually weigh professional exams, experience and demonstrated analytical ability, so your final project and work history will matter as much as the qualification title.
Can I study this alongside a full-time job, and can my employer help fund it?
Because the course is fully online and taught in English, you can study from Singapore without travelling, and no student visa is needed for online study. The workload is substantial, so plan carefully around your job. Fees can be paid in instalments, and employer sponsorship is possible; many Singapore companies support job-relevant study, so discuss it with your manager.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Explain the pillars of Basel III and their European transposition through the CRR and CRD.
Analyse how trade and transport are financed through documentary credits and guarantees.
Calculate the effect of credit insurance and surety bonds as a credit risk mitigation technique.
Assess counterparty risk and the eligibility of collateral in transport transactions.
Compare the capital approaches of banking and insurance and their interactions.
Identify regulatory and reporting trends affecting transport insurance.
Develop an integrated case on financing and insuring a transport operation.
Who it's for
- Trade finance analyst who wants to specialise in Basel and its impact on transport insurance.
- Credit and surety insurance underwriter who wants to specialise in Basel and its impact on transport insurance.
- Counterparty risk analyst who wants to specialise in Basel and its impact on transport insurance.
- Transport insurance manager who wants to specialise in Basel and its impact on transport insurance.
- Banking regulation consultant who wants to specialise in Basel and its impact on transport insurance.
- Risk manager in logistics companies who wants to specialise in Basel and its impact on transport insurance.
- Graduates in engineering or sciences seeking to enter banking and trade finance.
What you'll work with
- Basel III (Basel Committee on Banking Supervision)
- Regulation (EU) 575/2013 (CRR)
- Regulation (EU) 2024/1623 (CRR3)
- Directive 2013/36/EU (CRD)
- Directive 2009/138/EC (Solvency II)
- UCP 600 (documentary credits)
- Incoterms 2020
- Institute Cargo Clauses (2009)
6 modules · 300 h
1.1Origin and objectives of the banking capital framework1.2Pillars of the framework and their rationale1.3Regulatory capital and required ratios1.4Credit, market and operational risk1.5Liquidity and leverage ratios1.6Differences with the insurance regime1.7Vocabulary and acronyms in the field1.8Why it affects transport insurance1.9Financial conglomerates1.10Exercise: comparing both frameworks
2.1Trade finance instruments2.2Documentary credits and guarantees2.3Fleet and asset financing2.4Finance leasing of equipment2.5Risk treatment at the bank2.6Mitigation through insurance and guarantees2.7Recognition of insurance as a mitigant2.8Requirements for its recognition2.9Effect on the cost of financing2.10Practice: analysis of a financed transaction
3.1Commercial credit insurance3.2Surety insurance and guarantees3.3Export credit agencies3.4Political risk coverage3.5Interaction with the financing bank3.6Assignment of rights and beneficiary3.7Documentary requirements of the bank3.8Relevant limits and exclusions3.9Claims and their effect on financing3.10Practice: structuring the cover of a transaction
4.1Assessment of the insurer's risk by the bank4.2Ratings and their use4.3Collateral, deposits and letters of credit4.4Netting and master agreements4.5Concentration and limits4.6Effect of insurance on the bank's capital4.7Required contractual documentation4.8Monitoring over the life of the transaction4.9Deterioration scenarios4.10Practice: assessment of a mitigant
5.1Risk governance in both industries5.2Reporting and transparency to the supervisor5.3Supervision of mixed groups5.4Emerging risks: climate and cybersecurity5.5Securitisation and alternative risk transfer5.6Evolution of regulatory frameworks5.7Regulatory arbitrage and its control5.8Coordination between supervisors5.9Monitoring indicators5.10Practice: analysis of a regulatory change
6.1Choice of the financed transport operation6.2Map of actors and risks6.3Financing and insurance structure6.4Analysis of the recognition of the mitigant6.5Assessment of counterparty risk6.6Required contractual documentation6.7Monitoring plan6.8Indicators and reporting6.9Analysis report6.10Defence of the project
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and a assigned technical tutor. No fixed timetables: students progress at their own pace within the intake, which makes it possible to combine the programme with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Advanced Excel, Python (pandas), Power BI, Bloomberg Terminal, in free, academic or evaluation versions. Tests are studied using real procedures for calculating capital consumption with and without mitigation by credit insurance, analysis of international trade finance operations, and case studies of guarantees and collateral in transport. Assessment is continuous, module by module, plus the final integrative project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Explain the pillars of Basel III and their European transposition through the CRR and CRD.
Analyse how trade and transport are financed through documentary credits and guarantees.
Calculate the effect of credit insurance and surety bonds as a credit risk mitigation technique.
Assess counterparty risk and the eligibility of collateral in transport transactions.
Compare the capital approaches of banking and insurance and their interactions.
Where this takes you
Requirements
- No previous degree is required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient command of Spanish to follow technical regulatory texts.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme consists of 300 hours in total, spread over 3 to 5 months. That means an average of 10 to 15 hours per week, compatible with a full-time job.
You will work with Advanced Excel, Python (pandas), Power BI and Bloomberg Terminal. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
A SEIUM own diploma upon passing the continuous assessment and the integrative project. It is in-house training, not an official qualification from the Ministry.
Yes. Modules passed in a course or postgraduate diploma in the same area can be credited towards the advanced programme. Check the credit transfer policy when you enrol.
Related programmes
Course in Aviation Insurance Loss Adjusting
Online course of 300 h in aviation insurance loss adjusting. 6 modules covering the Montreal Convention 1999 (international air carriage), Regulation (EC) 785/2004 (airline insurance) and…
Course on Risks Associated with ADAS in Modern Vehicles
Online 300-hour course on risks associated with ADAS in modern vehicles. 6 modules covering Regulation (EU) 2019/2144 (general vehicle safety), UN Regulation No. 152 (advanced emergency…
Course in Insurance for Urban Public Transport
Online 300-hour course in insurance for urban public transport. 6 modules covering Real Decreto 1575/1989 (Regulation on Compulsory Passenger Insurance), Real Decreto Legislativo 8/2004 (motor vehicle…
More in Insurance, Risk & Actuarial Data
All Insurance, Risk & Actuarial Data programmes → · How to apply · Fees & financing · Scholarships