| Course Type | Elective Course |
| Course Level | Master's Degree Without Thesis |
| Year of Study | - |
| Semester | - |
| ECTS | 10 |
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Gain the command the concepts regarding the transfer of risk via insurance and reinsurance.
- Have the awareness of the importance of reinsurance in risk tranfer and the logic of reinsurance.
- Leach the different reinsurance types with implementation examples.
- In the reinsurance practice, learn the operation, problem solving and run off regulations of reinsurance.
- Learn the pool implementations with examples.
- Gain the ability to make reinsurance program.
- Gain the knowledge command to the domestic and international reinsurance market.
- Providing the students to see the some reinsurance market actors on work (in İstanbul) to have them gained same practice experience.
|
| Mode of Delivery | E-Learning |
| Prerequisites | No |
| Recommended Optional Programme Components | None |
| Course Description | This course examines the concept of Reinsurance and its applications both in Turkey and in the world. |
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Historical development of reinsurance |
|
2nd Week |
The fundamentals of reinsurance contracts |
|
3rd Week |
The need for reinsurance, reinsurance terms |
|
4th Week |
Facultative reinsurance |
|
5th Week |
Contributory reinsurance |
|
6th Week |
The features of contributory reinsurance and its disadvantages |
|
7th Week |
Surplus contracts |
|
8th Week |
Midterm |
|
9th Week |
The features of surplus contracts, the identification of retention |
|
10th Week |
Facultative obligatory contracts |
|
11th Week |
Common principles |
|
12th Week |
Reinsurance premiums, claims and commissions |
|
13th Week |
Excess of loss contratcs |
|
14th Week |
Excess of loss ratio |
|
| Recommended or Required Reading | 1. 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
- Discussion
- Questions/Answers
|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Assignment |
1 |
20 |
| 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 |
|
|
|
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
12 |
168 |
| Preparation for Final exam |
1 |
60 |
60 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
|
|
|
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
2 |
2 |
| Homework |
1 |
35 |
35 |
| Total Work Load | 307 |
| Total Work Load / 30 (h) | 10.23 |
| ECTS Credit of the Course | 10 |
|
| Language of Instruction | Turkish |
| Work Placement(s) | No |