Assist.Prof. Ali Osman Serdar ÇITAK, Res.Assist. Ayşe Nur ÇIRAK
Assistant(s)
Aim
This subject provides an introduction to the various types of insurances policies, policy documents, underwriting and claims handling procedures.
Course Content
This course contains; Definition of insurance and insurance,Classification of risks, risk management,Insurable risks,Historical Development of Insurance in the World and in Turkey,Insurance Contract,Premium and Tariff System,Institutions and Organizations in the Sector,Institutions and Organizations in the Sector,Supervision in Insurance Operations,Organization of Insurance Enterprises,Damage Assessment and Claims Management System,Individual Pension System,Reinsurance,European Union Single Insurance Market.
Course Learning Outcomes
Teaching Methods
Assessment Methods
5.1.Explains premium
16, 9
A
1. will be able to evaluate the basis of insurance.
16, 9
A
1.1. Explains the concept of insurance.
16, 9
A
1.2. Explains the importance of insurance.
16, 9
A
2. Will be able to evaluate the history of insurance in Turkey and in the world.
16, 9
A
2.1. Explains the development of insurance in Turkey.
16, 9
A
2.2. explains the development of insurance in the world.
16, 9
A
3. Will be able to evaluate risks that may be insured.
16, 9
A
3.1. Explains the risks that can be insured.
16, 9
A
3.2. Explains the risks that can not be insured.
16, 9
A
4. Will be able to evaluate the insurance contract.
16, 9
A
4.1. Explains the elements of the insurance contract.
16, 9
A
4.2. explains the special conditions of the insurance contract.
16, 9
A
5. will be able to interpret the premium and tariff systems.
16, 9
A
5.2. Explains tariff systems.
16, 9
A
6. Will be able to evaluate institutions and organizations in the sector.
16, 9
A
6.1. Explains the public institutions to which the insurance sector depends.
16, 9
A
6.2. Explains other organizations in the insurance sector.
16, 9
A
7. will be able to evaluate Audit and Organization in Insurance Business.
16, 9
A
7.1. Explains supervisions in insurance companies.
16, 9
A
7.2. Explains organization in insurance companies.
16, 9
A
8. Will be able to interpret the Individual Pension System.
16, 9
A
8.1. explains the basic elements of the Individual Pension System.
16, 9
A
8.2. explains the conditions for retirement in the Individual Pension System.
Historical Development of Insurance in the World and in Turkey
5
Insurance Contract
6
Premium and Tariff System
7
Institutions and Organizations in the Sector
8
Institutions and Organizations in the Sector
9
Supervision in Insurance Operations
10
Organization of Insurance Enterprises
11
Damage Assessment and Claims Management System
12
Individual Pension System
13
Reinsurance
14
European Union Single Insurance Market
Resources
Lecture notes
Prof.Dr.Enver Alper Güvel- Öğr.Gör.Av.Afitap Güvel- Sigortacılık -Seçkin Yayınevi, 2016.
Thomas W. Rynard, Insurance and Risk Management for State and Local Governments, LexisNexis, 2012.
Guillaume Gorge, Insurance Risk Management and Reinsurance, 2016.
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
X
4
Uses the professional foreign language proficiency required in banking and insurance
X
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
X
9
Accepts ethical values and social rights and applies them
X
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
4
56
Resolution of Homework Problems and Submission as a Report
7
1
7
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
10
1
10
General Exam
32
1
32
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
147
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(147/30)
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
PRINCIPLES of INSURANCE
BAN2134380
Fall Semester
3+0
3
5
Course Program
Perşembe 08:00-08:45
Perşembe 09:00-09:45
Perşembe 10:00-10:45
Cumartesi 08:00-08:45
Cumartesi 09:00-09:45
Cumartesi 10:00-10:45
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, Res.Assist. Ayşe Nur ÇIRAK
Assistant(s)
Aim
This subject provides an introduction to the various types of insurances policies, policy documents, underwriting and claims handling procedures.
Course Content
This course contains; Definition of insurance and insurance,Classification of risks, risk management,Insurable risks,Historical Development of Insurance in the World and in Turkey,Insurance Contract,Premium and Tariff System,Institutions and Organizations in the Sector,Institutions and Organizations in the Sector,Supervision in Insurance Operations,Organization of Insurance Enterprises,Damage Assessment and Claims Management System,Individual Pension System,Reinsurance,European Union Single Insurance Market.
Course Learning Outcomes
Teaching Methods
Assessment Methods
5.1.Explains premium
16, 9
A
1. will be able to evaluate the basis of insurance.
16, 9
A
1.1. Explains the concept of insurance.
16, 9
A
1.2. Explains the importance of insurance.
16, 9
A
2. Will be able to evaluate the history of insurance in Turkey and in the world.
16, 9
A
2.1. Explains the development of insurance in Turkey.
16, 9
A
2.2. explains the development of insurance in the world.
16, 9
A
3. Will be able to evaluate risks that may be insured.
16, 9
A
3.1. Explains the risks that can be insured.
16, 9
A
3.2. Explains the risks that can not be insured.
16, 9
A
4. Will be able to evaluate the insurance contract.
16, 9
A
4.1. Explains the elements of the insurance contract.
16, 9
A
4.2. explains the special conditions of the insurance contract.
16, 9
A
5. will be able to interpret the premium and tariff systems.
16, 9
A
5.2. Explains tariff systems.
16, 9
A
6. Will be able to evaluate institutions and organizations in the sector.
16, 9
A
6.1. Explains the public institutions to which the insurance sector depends.
16, 9
A
6.2. Explains other organizations in the insurance sector.
16, 9
A
7. will be able to evaluate Audit and Organization in Insurance Business.
16, 9
A
7.1. Explains supervisions in insurance companies.
16, 9
A
7.2. Explains organization in insurance companies.
16, 9
A
8. Will be able to interpret the Individual Pension System.
16, 9
A
8.1. explains the basic elements of the Individual Pension System.
16, 9
A
8.2. explains the conditions for retirement in the Individual Pension System.
Historical Development of Insurance in the World and in Turkey
5
Insurance Contract
6
Premium and Tariff System
7
Institutions and Organizations in the Sector
8
Institutions and Organizations in the Sector
9
Supervision in Insurance Operations
10
Organization of Insurance Enterprises
11
Damage Assessment and Claims Management System
12
Individual Pension System
13
Reinsurance
14
European Union Single Insurance Market
Resources
Lecture notes
Prof.Dr.Enver Alper Güvel- Öğr.Gör.Av.Afitap Güvel- Sigortacılık -Seçkin Yayınevi, 2016.
Thomas W. Rynard, Insurance and Risk Management for State and Local Governments, LexisNexis, 2012.
Guillaume Gorge, Insurance Risk Management and Reinsurance, 2016.
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
X
4
Uses the professional foreign language proficiency required in banking and insurance
X
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
X
9
Accepts ethical values and social rights and applies them
X
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
