Course detail

Insurance

FP-PpojKAcad. year: 2012/2013

The course "Insurance" explain what the insurance industry as part of financial services and the importance of insurance protection to potential clients of insurance companies. Provides basic knowledge of insurance theory, individual insurance industry, the principles of operation of commercial insurance companies as insurance companies. Acquainted with the EU legislation on insurance laws adopted in terms of the insurance market in the Czech Republic and the current management of commercial insurance issues. Inform people about insurance products and paves the way for wider student orientation in the policy conditions of selected insurance companies.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Learning outcomes of the course unit

The acquired knowledge will enable students to better understand the issue of providing insurance coverage and insurance sectors. Teaching students to contribute to the understanding of commercial insurance, risk management and the need for a deeper understanding of the consequences of possible solutions to uncertain claims. Students will be able to understand the range of insurance products in the insurance market in the Czech Republic, to the extent of insurance cover and how to return the claim. Understanding the rules of regulation and supervision of insurance to help students gain a broader overview of the implementation of legal standards of the European Union in terms of financial and insurance market in the Czech Republic. Students will be able to solve dovedněji health and wealth of natural and legal persons using commercial insurance.

Prerequisites

The course of study is the feed rate of insurance theory, which extends the basic knowledge of students. For successful completion of the course must have the required knowledge of business economics and be able to understand the current information from the insurance market of the European Union and the Czech Republic.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

For the award of credit is required if the following conditions:
First Recommended attendance at tutorials.
Second Preparation and submission of revised tutor work on an assigned topic.
Third Successful completion of a credit hour exam (60%).

Course curriculum

Tutorials
Introduction. Risk and Insurance - definition of risk, risk classification, risk management, financial risk coverage. Insurance and insurance - the characteristics, principles of insurance, insurance agencies, insurance relationship, retaining an interest. Classification of insurance - insurance, according to the classification of basic insurance theory and practice under the insurance, the insurance industry. Life insurance - endowment life insurance investment life insurance, pension insurance, life insurance in economics, statistics, life insurance, demographic and pension system. Non-life insurance - property insurance, motor insurance, liability insurance, insurance value, non-life insurance statistics, a model example of insurance companies. Reinsurance - significance and challenges collateral securing structure, co-insurance insurance pools. Insurance commercial insurance business - the creation of insurance, insurance management, and claims handling, prevention activities. Capital equipment and investment activities of insurance companies - capital, technical reserves, investments, limits on investments, Solvency II. Management of commercial insurance - income, expenses, earnings, annual insurance report. Legal Standards of Insurance - Insurance Act, Act on Insurance Contract Law on Insurance Intermediaries and Independent Loss Adjusters, Insurance Act liability for damage caused by vehicles. Regulation and Supervision in Insurance - the scope and object of supervision in the insurance industry associations, international institutions in the insurance industry. The insurance market - breakdown insurance market indicators of the insurance market, insurance market, the CR statistic. Current insurance issues in the CR and the EU.

Work placements

Not applicable.

Aims

The course aims to provide students with basic knowledge and current information from the insurance industry. To acquaint them with the safety theory, principles of insurance and insurance protection. Tell them to offer insurance market in the Czech Republic, various types of insurance, including pointing out problem areas from the sale of insurance products, insurance administration and claims handling.

Specification of controlled education, way of implementation and compensation for absences

The control is the content and formal treatment works repaired tutor.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

MARTINOVIČOVÁ, D. Pojišťovnictví. 1.vyd. Brno: VUT - FP, 2006. 123 s. ISBN 80-214-3257-8. (CS)
MARTINOVIČOVÁ, D. Pojištění podnikatelských subjektů. 1. vyd. Ostrava: KEY Publishing, 2007. 236 s. ISBN 978-80-87071-08-3. (CS)

Recommended literature

Not applicable.

Classification of course in study plans

  • Programme MGR-KS Master's

    branch MGR-PFO-KS , 2 year of study, winter semester, compulsory-optional

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer