Fundamentals of Financial Management of Insurance Companies 2600-DSFRdz/w3zifPGF
The aim of the lecture is:
● discussion and analysis of national and Community regulations defining the principles of financial management of an insurance company (Solvency II Directive, Act on Insurance and Reinsurance Activities),
● discussion and analysis of the specific nature of the financial management of insurance companies,
● discussion and analysis of financial reporting in insurance companies,
● discussion and analysis of statutory requirements for the financial management of insurance companies (including, among others, the minimum solvency requirement, solvency capital requirement, etc.),
● discussion and analysis of the management of technical provisions in insurance companies,
● discussion and analysis of the management of investment activities of insurance companies,
● discussion and analysis of liquidity management of insurance companies,
● discussion and analysis of the assessment of the activities of insurance companies based on financial statements.
Type of course
Mode
Learning outcomes
S2_W01 Knows and understands at an advanced level the terminology related to accounting in business organizations in the discipline of economics and finance and in complementary disciplines (management and quality sciences, legal sciences).
S2_W02 Knows and understands at an advanced level the principles, procedures and practices relating to accounting in business organizations.
S2_W03 Knows and understands at an advanced level theories and economic models relating to accounting in business organizations.
S2_W04 Knows and understands to an advanced level legal regulations relating to accounting in business organizations.
S2_W05 Knows and understands to an advanced degree technological, social, political, legal, economic and ecological processes and phenomena and their impact on accounting in business organizations.
S2_U01 Is able to use the theory of the discipline of economics and finance and complementary disciplines (management and quality sciences, legal sciences) to recognize, diagnose and solve problems related to accounting in business organizations, using the appropriate selection of sources and adapting existing methods.
S2_U02 Is able to correctly interpret technological, social, political, legal, economic and ecological processes and phenomena and their impact on accounting in business organizations, using the appropriate selection of sources.
S2_U03 Is able to independently and collectively prepare analyses, diagnoses and reports regarding accounting in business organizations and present them communicatively, also in English - using IT and communication tools.
S2_U04 Is able to plan and organize own and team work.
S2_U05 Has the ability to self-educate and improve acquired qualifications.
S2_K01 Is ready to assess and critically approach situations and phenomena related to accounting in business organizations.
S2_K02 Is ready to comply with professional ethical standards regarding accounting in business organizations.
Assessment criteria
Learning outcomes will be verified when passing the exam.
Final written exam stationary or on the e-Nauka portal (various forms of instructions possible, including closed single- and multiple-choice test questions, tasks, definitions, open questions)
Written, stationary exam (100% grade) - various forms of orders possible, including: closed single- and multiple-choice test questions, tasks, definitions, open questions
Estimated exam percentage thresholds:
0-49% - 2
50-57% - 3
58-70% - 3.5
71-82% - 4
83-95% - 4.5
96-100% - 5
In individual cases, an oral examination is possible.
Bibliography
Basic literaturę:
1) Jonas K., Rachunkowość zakładów ubezpieczeń i zakładów reasekuracji, Difin, Warszawa 2020.
Literatura uzupełniająca:
1) Ustawa z dnia 11 września 2015 r. o działalności ubezpieczeniowej i reasekuracyjnej, rozdziały 9-11;
2) Ustawa z dnia 29 września 1994 r. o rachunkowości, art. 44, załącznik nr 3;
3) Rozporządzenie Ministra Finansów z dnia 12 kwietnia 2016 r. w sprawie szczególnych zasad rachunkowości zakładów ubezpieczeń i zakładów reasekuracji;
4) Dyrektywa Parlamentu Europejskiego i Rady 2009/138/WE z dnia 25 listopada 2009 r. w sprawie podejmowania i prowadzenia działalności ubezpieczeniowej i reasekuracyjnej (Wypłacalność II);
5) Rozporządzenie delegowane Komisji (UE) 2015/35 z dnia 10 października 2014 r. uzupełniające dyrektywę Parlamentu Europejskiego i Rady 2009/138/WE w sprawie podejmowania i prowadzenia działalności ubezpieczeniowej i reasekuracyjnej (Wypłacalność II);
6) Czerwińska T., Jajuga K., (red.), 2015, Ryzyko instytucji finansowych, Warszawa: C.H. Beck.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: