Information Package

Master's of Insurance and Risk Management with Thesis

SİGO522

REASURANS

Course Code
SİGO522
Semester
-
Theory+Practice
3 + 0
ECTS
10
Course TypeElective Course
Course LevelMaster's Degree With Thesis
Year of Study-
Semester-
ECTS10
Name of Lecturer(s)
Learning Outcomes

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.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course examines the concept of Reinsurance and its applications both in Turkey and in the world.
Course Contents
WEEK TOPICS
1st Week The definition of reinsurance contracts, general concepts
2nd Week Historical development of reinsurance
3rd Week Facultative reinsurance
4th Week Proportional automatic reinsurance-Contributory reinsurance
5th Week Proportional automatic reinsurance-Surplus contracts
6th Week Proportional reinsurance settlement scheme
7th Week Resolution of disputes
8th Week Midterm
9th Week Commission
10th Week Excess of loss reinsurance-total excess of loss-excess of loss ratio
11th Week Excess of loss reinsurance-total excess of loss-excess of loss ratio
12th Week Applications of reinsurance pooling, financial reinsurance
13th Week Reinsurance programming/reinsurance practice
14th Week Reinsurance programming/reinsurance practice
Recommended or Required Reading1. 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
  • Case Study
  • Project
  • Practice
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 10
Assignment 1 10
Total(%) 20
Contribution of In-term Studies to Overall Grade(%) 20
Contribution of Final Examination to Overall Grade(%) 80
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 3 3
Preparation for Quiz
Individual or group work 14 10 140
Preparation for Final exam 1 45 45
Course hours 14 3 42
Preparation for Midterm exam 1 30 30
Laboratory (including preparation)
Final exam 1 3 3
Homework 1 40 40
Total Work Load303
Total Work Load / 30 (h)10.1
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1 X X X X X X
K2
K3
K4 X X X X X X
K5 X X X X X X
K6 X
K7
K8
K9 X X X
K10 X X X X X X