TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Master's Degree Without Thesis
YEAR OF STUDY	-
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	10
NAME OF LECTURER(S)	-
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) Leach the different reinsurance types with implementation examples. 4) In the reinsurance practice, learn the operation, problem solving and run off regulations of reinsurance. 5) Learn 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. 8) Providing the students to see the some reinsurance market actors on work (in İstanbul) to have them gained same practice experience.
MODE OF DELIVERY	E-Learning
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	None
COURSE DEFINITION	This course examines the concept of Reinsurance and its applications both in Turkey and in the world.
COURSE CONTENTS	WEEK TOPICS 1st Week Historical development of reinsurance 2nd Week The fundamentals of reinsurance contracts 3rd Week The need for reinsurance, reinsurance terms 4th Week Facultative reinsurance 5th Week Contributory reinsurance 6th Week The features of contributory reinsurance and its disadvantages 7th Week Surplus contracts 8th Week Midterm 9th Week The features of surplus contracts, the identification of retention 10th Week Facultative obligatory contracts 11th Week Common principles 12th Week Reinsurance premiums, claims and commissions 13th Week Excess of loss contratcs 14th Week Excess of loss ratio
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,Discussion,Questions/Answers
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Assignment 1 20 Total(%) 20 Contribution of In-term Studies to Overall Grade(%) 20 Contribution of Final Examination to Overall Grade(%) 80 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam Preparation for Quiz Individual or group work 14 12 168 Preparation for Final exam 1 60 60 Course hours 14 3 42 Preparation for Midterm exam Laboratory (including preparation) Final exam 1 2 2 Homework 1 35 35 Total Workload 307 Total Workload / 30 10,23 ECTS Credits of the Course 10
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No