Course syllabus PO2 - Insurance II (FBE - SS 2013/2014)

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Course code: PO2
Course title in language of instruction: Pojišťovnictví II
Course title in Czech: Insurance II
Course title in English: Insurance II
Mode of completion and number of credits: Exam (5 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes: full-time, 2/1 (hours of lectures per week / hours of seminars per week)
part-time, 16/0 (lectures per period / seminars per period)
Language of instruction: Czech
Level of course: master continuing
Semester: SS 2013/2014
Name of lecturer: doc. Ing. Eva Vávrová, Ph.D. (examiner, lecturer, supervisor)
Prerequisites: Final Bachelor Exam
Aims of the course:
The aim of this course is to broaden the knowledge of the students in the field of economics and financial management of commercial insurance companies. The course is focused on the regulation of insurance market in the Czech Republic and in the EU, on financial management of insurance companies and solvency testing, on economics of reinsurance, on the transformation of the pension systems and on development trends of the insurance industry in the world.
Course contents:
1.Economics and Financial Management of a Commercial Insurance Company -- Introduction (allowance 2/2)
2.Regulation of the Insurance Industry, Supervisory Authority (allowance 2/0)
3.Insurance Market in EU-Countries (allowance 2/0)
4.Financial Management in Insurance Company, Solvency Testing (allowance 4/4)
5.Risk Management in an Insurance Company (allowance 2/0)
6.Reinsurance, Economics of Reinsurance (allowance 2/2)
7.Marketing Management in a Commercial Insurance Company (allowance 2/0)
8.Creating and Investment of Technical Provisions (allowance 2/2)
9.Accounting in an Insurance Company (allowance 2/0)
10.Rating of Commercial Insurance Companies (allowance 2/0)
11.Globalisation of the Insurance Industry (allowance 2/0)
12.Transformation of Pension Systems (allowance 2/2)
13.Pension System in the Czech Republic (allowance 2/2)
Learning outcomes and competences:
Generic competences:
-ability to analyse and synthesize
-ability to apply knowledge
-professional knowledge
-skilled at utilizing and processing information

Specific competences:
- The ability of a skilled analysis of insurance operations, processes and economic results of the insurance institution
-Ability to formulate recommendations for competitive insurance institutions
-Student is able to optimize the processes of the risk management in the commercial insurance company
-Student is able to understand the issue of harmonisation of the EU insurance market

Type of course unit: optional
Year of study: Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement: There is no compulsory work placement in the course unit.
Recommended study modules: -
Learning activities and study load (hours of study load):
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture28 h0 h
     practice14 h0 h
     consultation0 h16 h
     preparation for exam28 h46 h
     preparation for regular assessment28 h0 h
     preparation of presentation14 h32 h
     writing of seminar paper28 h46 h
Total140 h140 h
Assessment methods:
To get the credit, students have to reach at minimum 60 % of possible points on the written test. The points from the ongoing evaluation are included in the final assessment of the subject. To get the exam, students have to reach at minimum 60 % of possible points on the written exam.
Recommended reading:
TypeAuthorTitlePublished inPublisherYearISBN
RQVÁVROVÁ, E. -- HOMOLOVÁ, P.Vybrané kapitoly z ekonomiky komerčních pojišťovenBrnoMZLU v Brně2009978-80-7375-276-7
REDUCHÁČKOVÁ, E. -- DAŇHEL, J.Teorie pojistných trhůPrahaProfessional Publishing2010978-80-7431-015-7
REDAŇHEL, J. et al.Pojistná teoriePrahaProfessional Publishing200580-86419-84-3
REVALOUCH, P. -- ČEJKOVÁ, V.Účetnictví pojišťoven po vstupu do EUPrahaGrada Publishing200580-247-0953-8
REZWEIFEL, P. -- EISEN, R.Insurance economicsBerlinSpringer2012978-3-642-20547-7
REZHOU, G. -- NEAVE, E H. -- FABOZZI, F J.Financial EconomicsHobokenJohn Wiley 2012978-0-470-59620-3
REBÖHM, A. -- MUŽÁKOVÁ, K.Pojišťovnictví a regulace finančních trhůPrahaProfessional Publishing2010978-80-7431-035-5
REZajištění a přenos rizik v pojišťovnictvíPrahaGrada200480-247-0838-8
REKORAUŠ, A.Marketing v poisťovníctveBratislavaSprint200180-88848-91-1
REVÁVROVÁ, E. -- STUCHLÍK, R. -- DOLOŽÍLKOVÁ, M.Základy pojistné matematikyV BrněMendelova zemědělská a lesnická univerzita200180-7157-567-4


Last modification made by Ing. Marcel Vytečka on 02/13/2014.

Type of output: