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.
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
50
Rate of Final Exam to Success
50
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
-
Spring Semester
3+0
3
4
Course Program
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.
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
