TYPE OF COURSE UNIT | Compulsory Course |
LEVEL OF COURSE UNIT | Bachelor's Degree |
YEAR OF STUDY | 4 |
SEMESTER | Seventh Term (Fall) |
NUMBER OF ECTS CREDITS ALLOCATED | 5 |
NAME OF LECTURER(S) | Professor Erdem Kırkbeşoğlu
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LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students; 1) Gain the command the concepts regarding the transfer of risk via insurance and reinsurance. 2) Have the awareness of the importance of reinsurance in risk tranfer and the logic of reinsurance. 3) Understand the types of reinsurance theoretically and gain practical skills. 4) In the reinsurance practice, teach the operation, problem solving and run off regulations of reinsurance. 5) Teach the pool implementations with examples. 6) Gain the ability to make reinsurance program. 7) Gain the knowledge command to the domestic and international reinsurance market.
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MODE OF DELIVERY | Face to face |
PRE-REQUISITES OF THE COURSE | No |
RECOMMENDED OPTIONAL PROGRAMME COMPONENT | Introduction to Insurance |
COURSE DEFINITION | Reinsurance benefits and pricing, valuation and reporting of reinsurance, reinsurance structures and reinsurance management will be discussed in this course. |
COURSE CONTENTS | WEEK | TOPICS |
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1st Week | Reinsurance concepts, functions | 2nd Week | Historical background of reinsurance | 3rd Week | Types of reinsurance | 4th Week | Facultative reinsurance | 5th Week | Treaty Reinsurance | 6th Week | Quota Share Treaty | 7th Week | Surplus Treaty | 8th Week | Midterm | 9th Week | Reinsurance Commissions and Expenses | 10th Week | Reinsurance Commissions and Expenses | 11th Week | Excess of Loss | 12th Week | Excess of Loss | 13th Week | Pools, Financial Reinsurance | 14th Week | Pools, Financial Reinsurance |
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RECOMENDED OR REQUIRED READING | 1. Reasürans, Nomer, Cahit, Yunak, Hüseyin, Milli Re Yayını İstanbul 2003. 2. Reinsurance, Carter R.L. Kluwer Publishing, Oxford 1979.
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PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Questions/Answers,Practice |
ASSESSMENT METHODS AND CRITERIA | | Quantity | Percentage(%) |
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Mid-term | 1 | 40 | Total(%) | | 40 | Contribution of In-term Studies to Overall Grade(%) | | 40 | Contribution of Final Examination to Overall Grade(%) | | 60 | Total(%) | | 100 |
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ECTS WORKLOAD |
Activities |
Number |
Hours |
Workload |
Midterm exam | 1 | 1 | 1 | Preparation for Quiz | | | | Individual or group work | 14 | 3 | 42 | Preparation for Final exam | 1 | 40 | 40 | Course hours | 13 | 3 | 39 | Preparation for Midterm exam | 1 | 20 | 20 | Laboratory (including preparation) | | | | Final exam | 1 | 1 | 1 | Homework | | | | Total Workload | | | 143 |
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Total Workload / 30 | | | 4,76 |
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ECTS Credits of the Course | | | 5 |
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LANGUAGE OF INSTRUCTION | Turkish |
WORK PLACEMENT(S) | No |
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