The aim of this course is to teach the importance of damage in insurance and how to manage it, to evaluate the concept of risk, types of risks and risk types and management seen in insurance companies, and to provide theoretical and practical information about damage and risk management.
Course Content
This course contains; Concept and types of risk,Traditional risk management,Enterprise risk management,Insurable risks and their characteristics,Damage process in insurance,Creating a damage file,Damage process tracking,Damage files based on branches,Damage files based on branches,Fund management and risk in insurance,Damage practices and compensation determination process in insurance companies,Reinsurance,Reinsurance,insurance law.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will learn basic concepts about insurance finance.
10, 14, 16, 9
A
1.1. Knows the basic concepts related to the field of finance
1.2. Have current and theoretical knowledge about insurance finance.
1.3. Conducts financial analysis in insurance companies
2. Will have knowledge of risk concepts and management.
10, 16, 9
A, E
2.1. Knows risk concepts
2.2. Conducts the risk management process
3. Will be able to master the damage process in insurance.
10, 12, 13, 14, 16, 6, 9
A
3.1. Defines the stages of the damage process in insurance
3.2. Distinguishes damage documents based on insurance branches
4. Will master reinsurance processes
10, 12, 14, 16, 6, 9
A
4.1. Knows the damage reinsurance relationship
4.2. Knows reinsurance and its types
5. Will learn the functioning of the insurance industry
10, 12, 13, 14, 16, 6, 9
A, E
5.1. Makes evaluations regarding the insurance industry
5.2. It dominates all types of insurance in the insurance industry
Teaching Methods:
10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam, E: Homework
Course Outline
Order
Subjects
Preliminary Work
1
Concept and types of risk
2
Traditional risk management
3
Enterprise risk management
4
Insurable risks and their characteristics
5
Damage process in insurance
6
Creating a damage file
7
Damage process tracking
8
Damage files based on branches
9
Damage files based on branches
10
Fund management and risk in insurance
11
Damage practices and compensation determination process in insurance companies
12
Reinsurance
13
Reinsurance
14
insurance law
Resources
Erdem Kırkbeşoğlu, "Risk Management and Insurance", Gazi Kitabevi, 1st Edition, 2014
Mahir Çipil, "Fundamentals of Insurance and Risk Management", Seçkin Publishing 3rd Edition, 2019
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Students identify the basic concepts and gain knowledge related to banking and insurance.
X
2
Students acquire the current knowledge concerning the sector practices.
X
3
Students make a list of fundamental conceptual knowledge in the practical application of International Banking and Finance techniques.
4
Students explain procedures and principles to follow in banking and insurance transactions.
X
5
Students convey knowledge concerning financial markets and institutions.
X
6
Students identify and define transaction types in the banking and insurance sector.
X
7
Students rationally determine risks to be faced by the parties in both sectors.
X
8
Students explain risk types to occur in the sector and hedging techniques.
X
9
Students apply the acquired knowledge regarding the field of banking and insurance to their studies.
X
10
Students are fully aware that they need to adapt to the changes in the sector considering lifelong learning approach.
X
11
Students benefit from the domain knowledge and acquired skills for informing partners or partner institutions.
X
12
Students set up social responsibility projects related to the field they work in.
13
Students communicate with their colleagues and customers according to the rules of professional ethics.
X
14
Students effectively apply the acquired knowledge in the field of banking and insurance to their studies or professional lives.
X
15
Students discover asymmetric information problems to occur in the sector and indicate the necessary measures which need to be taken to prevent those kinds of problems.
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
2
28
Guided Problem Solving
0
0
0
Resolution of Homework Problems and Submission as a Report
1
20
20
Term Project
5
3
15
Presentation of Project / Seminar
1
10
10
Quiz
0
0
0
Midterm Exam
1
15
15
General Exam
1
20
20
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
108
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(108/30)
4
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
DAMAGE and RISK MANAGEMENT
BNK2113595
Fall Semester
2+0
2
4
Course Program
Perşembe 15:30-16:15
Perşembe 16:30-17:15
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
Short Cycle (Associate's Degree)
Course Type
Elective
Course Coordinator
Assist.Prof. İrfan ERSİN
Name of Lecturer(s)
Lect.Dr. Mehmet Çağatay BABACAN
Assistant(s)
Aim
The aim of this course is to teach the importance of damage in insurance and how to manage it, to evaluate the concept of risk, types of risks and risk types and management seen in insurance companies, and to provide theoretical and practical information about damage and risk management.
Course Content
This course contains; Concept and types of risk,Traditional risk management,Enterprise risk management,Insurable risks and their characteristics,Damage process in insurance,Creating a damage file,Damage process tracking,Damage files based on branches,Damage files based on branches,Fund management and risk in insurance,Damage practices and compensation determination process in insurance companies,Reinsurance,Reinsurance,insurance law.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will learn basic concepts about insurance finance.
10, 14, 16, 9
A
1.1. Knows the basic concepts related to the field of finance
1.2. Have current and theoretical knowledge about insurance finance.
1.3. Conducts financial analysis in insurance companies
2. Will have knowledge of risk concepts and management.
10, 16, 9
A, E
2.1. Knows risk concepts
2.2. Conducts the risk management process
3. Will be able to master the damage process in insurance.
10, 12, 13, 14, 16, 6, 9
A
3.1. Defines the stages of the damage process in insurance
3.2. Distinguishes damage documents based on insurance branches
4. Will master reinsurance processes
10, 12, 14, 16, 6, 9
A
4.1. Knows the damage reinsurance relationship
4.2. Knows reinsurance and its types
5. Will learn the functioning of the insurance industry
10, 12, 13, 14, 16, 6, 9
A, E
5.1. Makes evaluations regarding the insurance industry
5.2. It dominates all types of insurance in the insurance industry
Teaching Methods:
10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam, E: Homework
Course Outline
Order
Subjects
Preliminary Work
1
Concept and types of risk
2
Traditional risk management
3
Enterprise risk management
4
Insurable risks and their characteristics
5
Damage process in insurance
6
Creating a damage file
7
Damage process tracking
8
Damage files based on branches
9
Damage files based on branches
10
Fund management and risk in insurance
11
Damage practices and compensation determination process in insurance companies
12
Reinsurance
13
Reinsurance
14
insurance law
Resources
Erdem Kırkbeşoğlu, "Risk Management and Insurance", Gazi Kitabevi, 1st Edition, 2014
Mahir Çipil, "Fundamentals of Insurance and Risk Management", Seçkin Publishing 3rd Edition, 2019
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Students identify the basic concepts and gain knowledge related to banking and insurance.
X
2
Students acquire the current knowledge concerning the sector practices.
X
3
Students make a list of fundamental conceptual knowledge in the practical application of International Banking and Finance techniques.
4
Students explain procedures and principles to follow in banking and insurance transactions.
X
5
Students convey knowledge concerning financial markets and institutions.
X
6
Students identify and define transaction types in the banking and insurance sector.
X
7
Students rationally determine risks to be faced by the parties in both sectors.
X
8
Students explain risk types to occur in the sector and hedging techniques.
X
9
Students apply the acquired knowledge regarding the field of banking and insurance to their studies.
X
10
Students are fully aware that they need to adapt to the changes in the sector considering lifelong learning approach.
X
11
Students benefit from the domain knowledge and acquired skills for informing partners or partner institutions.
X
12
Students set up social responsibility projects related to the field they work in.
13
Students communicate with their colleagues and customers according to the rules of professional ethics.
X
14
Students effectively apply the acquired knowledge in the field of banking and insurance to their studies or professional lives.
X
15
Students discover asymmetric information problems to occur in the sector and indicate the necessary measures which need to be taken to prevent those kinds of problems.
