FIN904S Insurance A

School of Business Administration in Karvina
Winter 2009
Extent and Intensity
1/2/0. 5 credit(s). Type of Completion: z (credit).
Guaranteed by
doc. Ing. Petra Růčková, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives (in Czech)
The aim of the course is to introduce and explain the basic features of insurance system and insurance market in the Czech Republic. The student will gradually get acquainted with various types of insurance, why and how insurance is purchased and so with role of risk management of insurance. This course involves problems of reinsurance and investment of insurance company funds too.
Syllabus (in Czech)
  • Structure of the Course:
    1. Insurance market, its characteristic and segmentation
    Basic terms, historical evolution of system of insurance, present situation on the insurance market in the EU and in the Czech Republic.
    2. Insurance law
    Public insurance law, private insurance law, creation of technical reserves
    3. Organization and proceedings of system of insurance
    Authorities and institution including state supervision, risk management
    4. The structure of insurance markets
    5. Non-life insurance (general insurance)
    Segmentation of non-life insurance, fire-insurance, theft insurance, household insurance, insurance of buildings, motor vehicle insurance, liability insurance.
    6. Life insurance and health and casualty insurance
    Segmentation of life insurance, health insurance and casualty insurance, life insurance as support of investments
    7. The economics in the system of insurance
    Premium and construction of premium, system of support of demand, economic equability of insurance, bancassurance, reinsurance.
    8. Social insurance and pension schemes
    Financing of systém of social security, method of pension schemes - government pension schemes, obligatory pension schemes and individual pension schemes, defined-benefit and defined-contributions plans, investments of pension funds.

Literature
    recommended literature
  • FABOZZI, FJ., MODIGLIANI, F., JONES, FJ., FERRI, M, G. Foundations Finacial Markets and Institutions. 3rd ed. New Jersey: Prentice Hall, 2002. ISBN 0-02-400581-9. info
  • SKIPPER, HD. International Risk and Insurance. 1st ed. Boston: Irwin McGraw-Hill, 1998. ISBN 0-256-23304-7. info
  • DAVIS, DP. Pension Funds. 1st ed. New York: Oxford University Press, 1997. ISBN 0-19-829304-6. info
  • DIACON, SR., CARTER, RL . Success in Insurance. 3rd ed. London: John Murray Ltd.,, 1995. ISBN 0-7195-5174-9. info
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
The course is also listed under the following terms Winter 1990, Summer 1991, Winter 1991, Summer 1992, Winter 1992, Summer 1993, Winter 1993, Summer 1994, Winter 1994, Summer 1995, Winter 1995, Summer 1996, Winter 1996, Summer 1997, Winter 1997, Summer 1998, Winter 1998, Summer 1999, Winter 1999, Summer 2000, Winter 2000, Summer 2001, Winter 2001, Summer 2002, Winter 2002, Summer 2003, Winter 2003, Summer 2004, Winter 2004, Summer 2005, Winter 2005, Summer 2006, Winter 2006, Summer 2007, Winter 2007, Summer 2008, Winter 2008, Summer 2009, Summer 2010, Winter 2010, Summer 2011, Winter 2011, Summer 2012.
  • Enrolment Statistics (Winter 2009, recent)
  • Permalink: https://is.slu.cz/course/opf/winter2009/FIN904S