To give basic information about insurance to students who take lessons.
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,,Supervision in Insurance Operations,Organization of Insurance Enterprises,,Damage Assessment and Claims Management System,,Individual Pension System.,Reinsurance,European Union Single Insurance Market,Reinsurance II.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Recognizes concepts related to insurance.
10, 12, 13, 14, 16, 9
A
2. Interprets the history of insurance.
10, 12, 13, 14, 16, 6, 9
A, E
3. Masters risk management in insurance.
10, 13, 16, 9
A
4. Defines insurance business
10, 12, 13, 14, 16, 6, 9
A
5. Conducts the damage assessment and management process
10, 16, 9
A, E
6. Evaluates the functioning of the private pension system.
10, 13, 14, 16, 9
A
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
Definition of insurance and insurance
Reading
2
Classification of risks, risk management.
Reading
3
Insurable risks
Reading
4
Historical Development of Insurance in the World and in Turkey
Reading
5
Insurance Contract,
Reading
6
Premium and Tariff System,
Reading
7
Institutions and Organizations in the Sector,
Reading
8
Supervision in Insurance Operations
Reading
9
Organization of Insurance Enterprises,
Reading
10
Damage Assessment and Claims Management System,
Reading
11
Individual Pension System.
Reading
12
Reinsurance
Reading
13
European Union Single Insurance Market
Reading
14
Reinsurance II
Reading
Resources
Prof. Dr. Enver Alper Güvel- Lecturer, Lawyer Afitap Güvel- Insurance - Seçkin Publishing House, 2016.
Murat Özbolat, Basic Insurance Legislation – Organization – Application, Seçkin Publishing, 9th Edition, September 2023
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
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.
X
4
Students explain procedures and principles to follow in banking and insurance transactions.
X
5
Students convey knowledge concerning financial markets and institutions.
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.
X
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
1
10
10
Resolution of Homework Problems and Submission as a Report
0
0
0
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
1
16
16
General Exam
1
32
32
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
86
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(86/30)
3
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
BNK1132570
Fall Semester
2+0
2
3
Course Program
Çarşamba 12:00-12:45
Çarşamba 12:45-13:30
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
Short Cycle (Associate's Degree)
Course Type
Required
Course Coordinator
Assist.Prof. İrfan ERSİN
Name of Lecturer(s)
Lect. Vehbi AYVAT
Assistant(s)
Aim
To give basic information about insurance to students who take lessons.
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,,Supervision in Insurance Operations,Organization of Insurance Enterprises,,Damage Assessment and Claims Management System,,Individual Pension System.,Reinsurance,European Union Single Insurance Market,Reinsurance II.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Recognizes concepts related to insurance.
10, 12, 13, 14, 16, 9
A
2. Interprets the history of insurance.
10, 12, 13, 14, 16, 6, 9
A, E
3. Masters risk management in insurance.
10, 13, 16, 9
A
4. Defines insurance business
10, 12, 13, 14, 16, 6, 9
A
5. Conducts the damage assessment and management process
10, 16, 9
A, E
6. Evaluates the functioning of the private pension system.
10, 13, 14, 16, 9
A
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
Definition of insurance and insurance
Reading
2
Classification of risks, risk management.
Reading
3
Insurable risks
Reading
4
Historical Development of Insurance in the World and in Turkey
Reading
5
Insurance Contract,
Reading
6
Premium and Tariff System,
Reading
7
Institutions and Organizations in the Sector,
Reading
8
Supervision in Insurance Operations
Reading
9
Organization of Insurance Enterprises,
Reading
10
Damage Assessment and Claims Management System,
Reading
11
Individual Pension System.
Reading
12
Reinsurance
Reading
13
European Union Single Insurance Market
Reading
14
Reinsurance II
Reading
Resources
Prof. Dr. Enver Alper Güvel- Lecturer, Lawyer Afitap Güvel- Insurance - Seçkin Publishing House, 2016.
Murat Özbolat, Basic Insurance Legislation – Organization – Application, Seçkin Publishing, 9th Edition, September 2023
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
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.
X
4
Students explain procedures and principles to follow in banking and insurance transactions.
X
5
Students convey knowledge concerning financial markets and institutions.
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.
X
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.
