| Course Type | Elective Course |
| Course Level | Bachelor's Degree |
| Year of Study | - |
| Semester | - |
| ECTS | 5 |
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Explain the operational mechanism of private insurance and analyze the significance of claims and indemnity processes within this framework.
- Define the balance between income and expenses in insurance activities and determine the impact of claims on this balance.
- Measure and analyze the effects of claims and indemnity levels on pricing and tariff processes.
- Evaluate the importance of technical reserves and analyze the impact of outstanding claims and incurred but not reported reserves on a company's technical results.
- Assess the impact of effective claims management on the efficiency and profitability of businesses.
- Apply claims estimation methods.
- Develop an understanding of insurance fraud and money laundering in the insurance sector.
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | None |
| Course Description | This course will provide general information about loss and compensation insurance and explain the operation of loss applications in the insurance sector. |
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
General concepts and principles in legislation related to loss and compensation practices in insurance |
|
2nd Week |
General concepts and principles in legislation related to loss and compensation practices in insurance |
|
3rd Week |
Scope of the liability for loss payments in insurance companies |
|
4th Week |
Scope of the liability for loss payments in insurance companies |
|
5th Week |
Principles related to determining the amount of compensation and payment of compensation |
|
6th Week |
Principles related to determining the amount of compensation and payment of compensation |
|
7th Week |
Loss payment processes and their reflections in company records |
|
8th Week |
Midterm exam |
|
9th Week |
Refunding and subrogation processes and their reflections in company records |
|
10th Week |
Outstanding claim, incurred but not reported claims, adequacy differences in outstanding claims, and related reserves |
|
11th Week |
Loss analysis in insurance companies |
|
12th Week |
Loss profile and evaluation of the Turkish insurance sector |
|
13th Week |
Loss disputes, arbitration expert institution |
|
14th Week |
General review |
|
| Recommended or Required Reading | Nazlıer, M. (2018). Madenlerde risk ve hasar yönetimi. Seçkin Yayıncılık.
Nazlıer, M. (2022). İnşaat, inşaat sigortaları ve hasar uygulamaları: Kavram-tespit-uygulama. Seçkin Yayıncılık.
Nazlıer, M. (2017). Yenilenebilir enerji santrallerinde risk ve hasar yönetimi. Seçkin Yayıncılık.
Risk and damage assessment bulletins.
Ekol Ekspertiz damage and risk archive. |
| Planned Learning Activities and Teaching Methods |
- Lecture
- Discussion
- Project
|
| 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 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 |
|
|
|
| Total Work Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
| Work Placement(s) | No |