Insurance Basics 2600-DSMz3PU
The aim of the course is to explain the number of issues and processes taking place within economic insurance. The aim of the course is also the explanation of the risk’s concept, insurance risk and the whole risk management process (starting from its identification up to verification of the methods applied). A special attention in this regard shall be drawn to the application of the insurance method. The course shall be devoted to the description and explanation the technical basis of the insurance activity (including inter alia the rules of fixing insurance premiums as well as benefits and compensations). Specification of insurance undertakings’ legal-organizational functioning will also be carried out (including inter alia possible insurers’ forms, taking up activity and running a business by them or insurers’ mergers and portfolio transfers). During the course reinsurance management within insurance undertakings also be described (including inter alia differentiation of terms, functions and reinsurance or coinsurance forms). The course will be also devoted to the analysis of the management of insurance undertaking’s finance and investments’ policy.
Type of course
Learning outcomes
Following course’s accomplishment a student:
• Shall be able to carry out an analysis of risk management and apply in this scope an insurance method;
• Shall recognize of fixing the insurance premiums, benefits and compensations;
• Shall be able to recognize the basic legal-organizational aspects of the insurance undertakings’ functioning;
• Shall be able to differentiate and understand the terms and forms of reinsurance and coinsurance;
• Shall be able to explain and analyze the basic parameters and terms connected with management the finance and investment policies of insurance undertakings.
Assessment criteria
Credit for mark. Credit for mark (writing test); 50% of correct answers required.
Bibliography
1) „Ubezpieczenia – podręcznik akademicki”: red. J. Handschke
i J. Monkiewicz, Poltext, Warszawa 2010.
2) L. Gąsiorkiewicz, Zarządzanie gospodarką finansową zakładów ubezpieczeń – ujęcie procesowe, Poltext 2014.
3) W. Sułkowska (red.) Współczesne ubezpieczenia gospodarcze, Wyd. Uniwersytet Ekonomiczny w Krakowie
Supplementary bibliography:
1) M. Iwanicz-Drozdowska (red.), Ubezpieczenia, PWE, Warszawa 2012.
2) „Prawo ubezpieczeń gospodarczych”: E. Kowalewski i inni ,OW Branta, Bydgoszcz-Toruń 2006;
3) „Ubezpieczenia gospodarcze i społeczne” red. E. Kucka, UWM, Olsztyn 2009;
4) „Podstawy ubezpieczeń”: tom I-III, red. J. Monkiewicz, Poltext, 2002-2005