Roles

Abdulbaset Krin is a faculty member in the Department of Finance and Banking at the Faculty of Economics and Administration, Section C, University of Tripoli, since 15/12/2024. He was assigned to teach the courses of the Department of Finance and Banking. He currently performs the following tasks:

• Faculty member in Finance and Banking at the Faculty of Economics and Administration.

Careers

Education

- Bachelor of Data Analysis, Faculty of Accounting, Gharyan - University of the Western Mountain (1997/1998).

- Higher Diploma (Finance and Banking) as part of the requirements for obtaining a higher degree (Master's) from the Academy of Higher Studies, Tripoli (2002).

- Higher Specialization Master's degree (2006), in Finance and Banking, University of Glasgow - Scotland - United Kingdom.

- Master's thesis was in (Banking Developments in North African Countries).

Practical and professional experience

- Full-time faculty member - Faculty of Economics and Administration, Section C - University of Tripoli (01-01-2025 - to date).

- Participating faculty member - Faculty of Economics and Administration, Section C - University of Tripoli (01-10-2024 - 31/12/2024).

Insurance & Reinsurance Consultant 01/01/2022 – 30/09/2024 at Al Watheka Insurance Co, Tripoli – Libya

-        Preparing, Reviewing and renewing reinsurance Treaties.

-        Auditing and designing insurance policies to be compatible with the reinsurance treaty program and with its terms & conditions and with its exclusions.

-        Placing the risk in the facultative reinsurance market for the risks that exceeded the capacity of the reinsurance treaty or the risks that excluded from reinsurance treaty.

Health & personal Insurance and life Assurance Branch Manager 01/10/2015 – 31/12/2021 at Al Watheka Insurance Company, Tripoli – Libya

Managing & Supervising of the following departments:

-        Health Insurance Dep

-        Personal Accident & Travel Insurance Dep

-        Medical Malpractice insurance Dep

Health Insurance & Medical Malpractice Manager 01/01/2008 – 30/09/2015 at African Insurance Company, Tripoli – Libya

-        Contracting with public and private hospitals, state health facilities, pharmacies and medical laboratories in accordance with Compulsory Medical Malpractice Law No 17 of 1986

-        Contracting with public and private institutions and companies regarding Health Insurance for their employees and their families.

-        Preparing the health insurance plan for each institute separately and pricing the plan according to the table of benefits and area of coverage.

-        Supervising on issuance department & compensation department.

Head of Facultative Insurance Division in Reinsurance Department 01/01/2006 – 31/12/2007 at African Insurance Company, Tripoli – Libya

-        Placing the risk in the Facultative Reinsurance Market for the risks that exceeded the capacity of the reinsurance treaty or the risks that excluded from the reinsurance treaty.

-        Preparing of technical statistics and reconciliation with reinsurance accounts division and financial department.

-        Preparing risk profile and doing technical result in cooperative with treaty division.

Foreign Bank Transfer Manager 01/01/2001 – 30/05/2003 at Tarhouna Ahle Bank, Tarhouna – Libya

-        Carrying out foreign transfers for contracts of foreigner’s employees in accordance with the instructions and regulations of Libyan Central Bank in this regard.

-        Opening Documentary Credits in accordance with the legislation of Libyan Central Bank and the uniform customs and practice for documentary credits that issued by the International Chamber of Commerce in cooperation with the National Banking Corporation.

Head of Documentary Credit Division 01/01/1999 – 31/12/2000 at Tarhouna Ahle Bank, Tarhouna – Libya.

-        Opening Documentary Credits & Financing them in cooperation with the credit & loan department.

Banker 01/01/1998 – 31/12/1998 at Tarhouna Ahle Bank, Tarhouna – Libya

Recipient Cashier – Payment Cashier

Research Interests

-        Takaful insurance and its applications, conventional insurance.

-        Risk management and risk distribution.

                       -    Islamic finance in all its forms and its social and economic impacts.

External Activities

Insurance and Reinsurance Consultant