Information Package

Program of Insurance and Risk Management

TBF228

INSURANCE OPERATIONS AND APPLICATIONS

Course Code
TBF228
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Gain knowledge of insurance law and relevant regulations.
  2. Understand the organizational structure of insurance companies.
  3. Recognize the key institutions in the insurance sector and learn their functions.
  4. Learn the structure of insurance and reinsurance companies, as well as the regulatory mechanisms of pension companies.
  5. Learn the processes related to claims management and comprehend their application methods.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course covers insurance law and related regulations, the structure of the insurance industry, the functions of sector institutions, the organization of insurance and reinsurance companies, the regulatory mechanisms for pension companies, and claims management, along with an overview of basic insurance concepts.
Course Contents
WEEK TOPICS
1st Week Insurance contracts
2nd Week Insurance contracts
3rd Week Internal and external organization of insurance businesses
4th Week Internal and external organization of insurance businesses
5th Week Key institutions in the insurance sector: DASK, TARSİM, EGM, TOBB SAİK, and SEİK
6th Week Key institutions in the insurance sector: TSB, Guarantee Fund, Insurance Arbitration Commission, SEGEM, SBM, TSEV
7th Week Establishment and operating principles of insurance and reinsurance companies
8th Week Midterm exam
9th Week Financial structure and capital adequacy measurement principles for insurance, reinsurance, and pension companies
10th Week Supervision of insurance, reinsurance, and pension companies
11th Week Supervision of insurance, reinsurance, and pension companies
12th Week Claims management in insurance
13th Week Claims management in insurance
14th Week General review
Recommended or Required ReadingKırkbeşoğlu, E. (2015). Risk yönetimi ve sigortacılık. Gazi Kitabevi.

The Insurance Law No. 5684 and its associated regulations.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
  • Problem Solving
  • Discussion
  • Case Study
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 35
Assignment 1 15
Total(%) 50
Contribution of In-term Studies to Overall Grade(%) 50
Contribution of Final Examination to Overall Grade(%) 50
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
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 1 5 5
Total Work Load148
Total Work Load / 30 (h)4.93
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5
K1 X X X X
K2
K3
K4 X
K5 X
K6
K7
K8
K9 X
K10 X X
K11 X X
K12