TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	-
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	5
NAME OF LECTURER(S)	-
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Have general information on EC institutions. 2) Have general information on the decision making procedure of the EC. 3) Learn the logic and operational working of the EC single insurance and reinsurance market /single passport, 4) Regarding EC Life Insurance Directives; learn the mathematical reserves, capital adequacy, market access conditions and liquidation. 5) Considering EC non-life insurance directives; learn the technical reserves, capital adequacy, market access and liquidation. 6) Considering EC Directives; learn motor insurance, taxation, supervision and reinsurance. 7) Have the knowledge and ability to measure the insurance company capital adequacy under the Solvency II implementation. 8) Have the ability to produce solutions to the risk management problems regarding cross-border transactions and country groups.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	None
COURSE DEFINITION	European Union and Institutions, Sources of Law in EU and Turkey's EU Membership Process, European Single Insurance Market, Life Insurance in EU, Non-Life Insurance in EU, Distribution Channels in EU Single Insurance Market, Automobile Liability Insurance in EU, Taxation of EU Insurance Sector, Audit System in Insurance Sector, Capital Adequacy in EU Insurance Sector (Solvency II), EU Single Reinsurance Market, Size of Insurance Sector in EU and future projections will be discussed.
COURSE CONTENTS	WEEK TOPICS 1st Week EC Institutions and their legal framework 2nd Week EC Institutions and their legal framework 3rd Week EC single Insurance and Reinsurance Market 4th Week EC single Insurance and Reinsurance Market 5th Week Life and Non life insurance rules in the EC 6th Week Life and Non life insurance rules in the EC 7th Week Insurance intermadiaries in The EC 8th Week Midterm 9th Week Motor Insurance in the EC 10th Week İnsurance Supervision in the EC 11th Week Taxation of Insurance in the EC 12th Week Solvency II 13th Week Industrial Indicators 14th Week Recap
RECOMENDED OR REQUIRED READING	1) Avrupa Topluluğu Konseyinin Sigortacılıkla İlgili Yönerge ve Kararları, Hazine Müsteşarlığı, Sigortacılık Genel Müdürlüğü, 1996, Ankara. 2) Avrupa Birliği Sigorta Müktesebat Rehberi, Berna Özşar, TSRŞB Yayın No:3 Mayıs 2005 İstanbul. 3) Sigorta ve reasüransla ilgili AB Direktifleri 4) Avrupa Birliği ve Türk Sigorta Sektöründe Denetim, Doç.Dr. Suna Oksay, Onur Acar, TSRŞB, Yayın no:9, Ocak 2007 İstanbul. 5) Avrupa Birliği Tek Reasürans Piyasası ve Türkiye nin Uyumu,Berna Özşar Kumcu, TSEV Yayın no:16, 2009, İstanbul. 6) AB nin Vergilendirme Yapısı ve Sigorta Sektörü, TSRŞB yayını, 2005 İstanbul.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Questions/Answers,Case Study
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) 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
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 Total Workload / 30 4,76 ECTS Credits of the Course 5
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No