Information Package

Master's of Insurance and Risk Management without Thesis (Distance Education)

SRU522

REINSURANCE

Course Code
SRU522
Semester
-
Theory+Practice
3 + 0
ECTS
10
Course TypeElective Course
Course LevelMaster's Degree Without 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.
  7. Gain the knowledge command to the domestic and international reinsurance market.
  8. Providing the students to see the some reinsurance market actors on work (in İstanbul) to have them gained same practice experience.
Mode of DeliveryE-Learning
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 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 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
  • 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 Load307
Total Work Load / 30 (h)10.23
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8
K1 X X X X X X X X
K2
K3
K4 X X X X X X X X
K5 X X X X X X X X
K6 X
K7
K8
K9 X X X
K10 X X X X X X X X