Course Detail
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
LIFE and NON-LIFE INSURANCE | BAN2258590 | Spring Semester | 3+0 | 3 | 4 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | Turkish |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
Name of Lecturer(s) | Assist.Prof. Ali Osman Serdar ÇITAK |
Assistant(s) | |
Aim | It is aimed that the students have the necessary knowledge and qualifications related to the insurance sector and insurance. |
Course Content | This course contains; Basic concepts of life insurance,History of life insurance,Basic concepts of non-life insurance,History of non-life insurance,Risk concept and management in insurance sector,Catastrophic risks and management techniques,Large numbers law and its use in insurance sector,Concept of reinsurance and reinsurance methods,Theoretical foundations of life insurance,Parties in life insurance,Production in life insurance,Non-life insurance,Production in non-life insurance,Technological developments and insurance sector. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to define the basic parameters related to the insurance sector. | 10, 16, 6, 9 | A |
1.1 Recognize insurance concepts specifically. | 10, 16, 6, 9 | A |
1.2 Interpret real life cases with insurance concepts. | 10, 16, 6, 9 | A |
2. Will be able to recognize the functioning mechanisms of the insurance sector. | 10, 16, 6, 9 | A |
2.1 Recognizes the regulatory authorities of the insurance industry. | 10, 16, 6, 9 | A |
2.2 Discloses the system of insurance transactions. | 10, 16, 6, 9 | A |
3. Will be able to recognize insurance and reinsurance markets. | 10, 16, 6, 9 | A |
3.1 Define the functions of the insurance industry. | 10, 16, 6, 9 | A |
3.2 Recognize the organizational and management structure of the insurance industry. | 10, 16, 6, 9 | A |
4. Will be able to identify the risk and damage transactions in the insurance system. | 10, 16, 6, 9 | A |
4.1 Learn the structure and organization of insurance transactions. | 10, 16, 6, 9 | A |
4.2 Recognizes the structure and functioning of the insurance mechanism. | 10, 16, 6, 9 | A |
5. Will be able to recognize financial management and audit functions in the insurance sector. | 10, 16, 6, 9 | A |
5.1 Recognize the basic concepts of damage and premium management in the sectoral sense. | 10, 16, 6, 9 | A |
5.2 Learn the importance of the insurance audit function. | 10, 16, 6, 9 | A |
5.3 Learn the concept of risk management and the implications of international regulations in the insurance sector. | 10, 16, 6, 9 | A |
Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Basic concepts of life insurance | |
2 | History of life insurance | |
3 | Basic concepts of non-life insurance | |
4 | History of non-life insurance | |
5 | Risk concept and management in insurance sector | |
6 | Catastrophic risks and management techniques | |
7 | Large numbers law and its use in insurance sector | |
8 | Concept of reinsurance and reinsurance methods | |
9 | Theoretical foundations of life insurance | |
10 | Parties in life insurance | |
11 | Production in life insurance | |
12 | Non-life insurance | |
13 | Production in non-life insurance | |
14 | Technological developments and insurance sector | |
Resources |
Notes |
KAYA, Ferudun (Ed.); “Sigortacılık”, Beta Yayıncılık, İstanbul,2018.
George E. Rejda ve Michael J. McNamara, Risk Yönetimi ve Sigortacılık İlkleri. Nobel Yayıncılık. 12. baskıdan çeviri. Aralık 2015. Yayın no: 1405.
ÖZBOLAT, Murad; “Temel Sigortacılık”, Seçkin Yayınları, İstanbul., 2006.
Özbolat, Murat ;Kızılsu, Sabri Serkan -HayatDışı Sigortaları Kitabı,Ankuzem Yayınları
Harrington, Scott. E.; Gregory R. Niehaus. Risk Management and Insurance . Second Edition Boston MA Irwin/McGraw-Hill, 2004. |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | Defines the basic concepts of banking and insurance. | | | | X | |
2 | Describes the mathematical and statistical methods of banking and insurance | | X | | | |
3 | Uses the computer programs needed in banking and insurance | | | | | |
4 | Uses the professional foreign language proficiency required in banking and insurance | | | | | |
5 | Prepares the project and manage the teamworks | | X | | | |
6 | Uses the theoretical and practical knowledge of the banking and insurance. | | | | X | |
7 | Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning | | X | | | |
8 | Uses verbal and written communication skills using the latest technologies and at least one foreign language | | | | | |
9 | Accepts ethical values and social rights and applies them | | | | | |
10 | Analyzes and discusses using the data of banking and insurance | | | | X | |
11 | Uses the information on the other disciplines that can provide support for theoretical studies in banking and insurance (economics, law, business, etc.) | | | X | | |
12 | Offers micro and macro suggestions on the problems in the banking and insurance sector | | | | X | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
ECTS / Workload Table |
Activities | Number of | Duration(Hour) | Total Workload(Hour) |
Course Hours | 14 | 3 | 42 |
Guided Problem Solving | 14 | 1 | 14 |
Resolution of Homework Problems and Submission as a Report | 2 | 5 | 10 |
Term Project | 0 | 0 | 0 |
Presentation of Project / Seminar | 7 | 1 | 7 |
Quiz | 4 | 2 | 8 |
Midterm Exam | 1 | 25 | 25 |
General Exam | 1 | 45 | 45 |
Performance Task, Maintenance Plan | 0 | 0 | 0 |
Total Workload(Hour) | 151 |
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(151/30) | 5 |
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
LIFE and NON-LIFE INSURANCE | BAN2258590 | Spring Semester | 3+0 | 3 | 4 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | Turkish |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
Name of Lecturer(s) | Assist.Prof. Ali Osman Serdar ÇITAK |
Assistant(s) | |
Aim | It is aimed that the students have the necessary knowledge and qualifications related to the insurance sector and insurance. |
Course Content | This course contains; Basic concepts of life insurance,History of life insurance,Basic concepts of non-life insurance,History of non-life insurance,Risk concept and management in insurance sector,Catastrophic risks and management techniques,Large numbers law and its use in insurance sector,Concept of reinsurance and reinsurance methods,Theoretical foundations of life insurance,Parties in life insurance,Production in life insurance,Non-life insurance,Production in non-life insurance,Technological developments and insurance sector. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to define the basic parameters related to the insurance sector. | 10, 16, 6, 9 | A |
1.1 Recognize insurance concepts specifically. | 10, 16, 6, 9 | A |
1.2 Interpret real life cases with insurance concepts. | 10, 16, 6, 9 | A |
2. Will be able to recognize the functioning mechanisms of the insurance sector. | 10, 16, 6, 9 | A |
2.1 Recognizes the regulatory authorities of the insurance industry. | 10, 16, 6, 9 | A |
2.2 Discloses the system of insurance transactions. | 10, 16, 6, 9 | A |
3. Will be able to recognize insurance and reinsurance markets. | 10, 16, 6, 9 | A |
3.1 Define the functions of the insurance industry. | 10, 16, 6, 9 | A |
3.2 Recognize the organizational and management structure of the insurance industry. | 10, 16, 6, 9 | A |
4. Will be able to identify the risk and damage transactions in the insurance system. | 10, 16, 6, 9 | A |
4.1 Learn the structure and organization of insurance transactions. | 10, 16, 6, 9 | A |
4.2 Recognizes the structure and functioning of the insurance mechanism. | 10, 16, 6, 9 | A |
5. Will be able to recognize financial management and audit functions in the insurance sector. | 10, 16, 6, 9 | A |
5.1 Recognize the basic concepts of damage and premium management in the sectoral sense. | 10, 16, 6, 9 | A |
5.2 Learn the importance of the insurance audit function. | 10, 16, 6, 9 | A |
5.3 Learn the concept of risk management and the implications of international regulations in the insurance sector. | 10, 16, 6, 9 | A |
Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Basic concepts of life insurance | |
2 | History of life insurance | |
3 | Basic concepts of non-life insurance | |
4 | History of non-life insurance | |
5 | Risk concept and management in insurance sector | |
6 | Catastrophic risks and management techniques | |
7 | Large numbers law and its use in insurance sector | |
8 | Concept of reinsurance and reinsurance methods | |
9 | Theoretical foundations of life insurance | |
10 | Parties in life insurance | |
11 | Production in life insurance | |
12 | Non-life insurance | |
13 | Production in non-life insurance | |
14 | Technological developments and insurance sector | |
Resources |
Notes |
KAYA, Ferudun (Ed.); “Sigortacılık”, Beta Yayıncılık, İstanbul,2018.
George E. Rejda ve Michael J. McNamara, Risk Yönetimi ve Sigortacılık İlkleri. Nobel Yayıncılık. 12. baskıdan çeviri. Aralık 2015. Yayın no: 1405.
ÖZBOLAT, Murad; “Temel Sigortacılık”, Seçkin Yayınları, İstanbul., 2006.
Özbolat, Murat ;Kızılsu, Sabri Serkan -HayatDışı Sigortaları Kitabı,Ankuzem Yayınları
Harrington, Scott. E.; Gregory R. Niehaus. Risk Management and Insurance . Second Edition Boston MA Irwin/McGraw-Hill, 2004. |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | Defines the basic concepts of banking and insurance. | | | | X | |
2 | Describes the mathematical and statistical methods of banking and insurance | | X | | | |
3 | Uses the computer programs needed in banking and insurance | | | | | |
4 | Uses the professional foreign language proficiency required in banking and insurance | | | | | |
5 | Prepares the project and manage the teamworks | | X | | | |
6 | Uses the theoretical and practical knowledge of the banking and insurance. | | | | X | |
7 | Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning | | X | | | |
8 | Uses verbal and written communication skills using the latest technologies and at least one foreign language | | | | | |
9 | Accepts ethical values and social rights and applies them | | | | | |
10 | Analyzes and discusses using the data of banking and insurance | | | | X | |
11 | Uses the information on the other disciplines that can provide support for theoretical studies in banking and insurance (economics, law, business, etc.) | | | X | | |
12 | Offers micro and macro suggestions on the problems in the banking and insurance sector | | | | X | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
Numerical Data
Ekleme Tarihi: 09/10/2023 - 08:31Son Güncelleme Tarihi: 09/10/2023 - 08:38
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