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
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.
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 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
RECOMENDED OR REQUIRED READING	1. Reasürans, Nomer, Cahit, Yunak, Hüseyin, Milli Re Yayını İstanbul 2003. 2. Reinsurance, Carter R.L. Kluwer Publishing, Oxford 1979.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Questions/Answers,Practice
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