INSURANCE OPERATIONS AND APPLICATIONS

SİGO118

Course Code: SİGO118
Semester: Second Term (Spring)
Theory+Practice: 3 + 0
ECTS: 4

Course Type

Compulsory Course

Course Level

Bachelor's Degree

Year of Study

Semester

Second Term (Spring)

ECTS

Name of Lecturer(s)

Professor Erdem Kırkbeşoğlu

Learning Outcomes

At the end of this course, the students;

Gain knowledge of insurance law and related regulations.
Understand the organizational structure of insurance companies.
Recognize the key institutions in the insurance sector and learn their functions.
Learn the structures of insurance and reinsurance companies, as well as the regulatory mechanisms of pension companies.
Learn the processes related to claims management and understand their application methods.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

None

Course Description

This 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
1^st Week	Insurance contracts
2^nd Week	Insurance contracts
3^rd Week	Internal and external organization of insurance businesses
4^th Week	Internal and external organization of insurance businesses
5^th Week	Key institutions in the insurance sector: DASK, TARSİM, EGM, TOBB SAİK, and SEİK
6^th Week	Key institutions in the insurance sector: TSB, Guarantee Fund, Insurance Arbitration Commission, SEGEM, SBM, TSEV
7^th Week	Establishment and operating principles of insurance and reinsurance companies
8^th Week	Midterm exam
9^th Week	Financial structure and capital adequacy measurement principles for insurance, reinsurance, and pension companies
10^th Week	Supervision of insurance, reinsurance, and pension companies
11^th Week	Supervision of insurance, reinsurance, and pension companies
12^th Week	Claims management in insurance
13^th Week	Claims management in insurance
14^th Week	General review

Recommended or Required Reading

Kırkbeşoğlu, 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	50
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	2	28
Preparation for Final exam	1	30	30
Course hours	13	3	39
Preparation for Midterm exam	1	20	20
Laboratory (including preparation)
Final exam	1	1	1
Homework
Total Work Load			119
Total Work Load / 30 (h)			3.96
ECTS Credit of the Course			4

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4	LO5
K1	X	X	X	X	X
K2
K3	X				X
K4	X				X
K5	X				X
K6					X
K7
K8
K9
K10	X
K11