MBAS228 Types of ReınsuranceIstanbul Okan UniversityDegree Programs Banking and InsuranceGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Banking and Insurance
Associate TR-NQF-HE: Level 5 QF-EHEA: Short Cycle EQF-LLL: Level 5

General course introduction information

Course Code: MBAS228
Course Name: Types of Reınsurance
Course Semester: Spring
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 5
Language of instruction: TR
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Department/Faculty Elective
Course Level:
Associate TR-NQF-HE:5. Master`s Degree QF-EHEA:Short Cycle EQF-LLL:5. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Dr.Öğr.Üyesi DİLEK YALÇIN
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: Concepts related to the methods of transfer of risk through insurance and reinsurance
Explaining the logic of reinsurance and its importance in risk transfer
It aims to understand the functioning of the system, the order of reckoning, and the resolution of disputes with the application examples of the types.
Course Content: Informing the students about the basic concepts of reinsurance, reinsurance types, pricing, reinsurance planning, account and record order, new and alternative methods.

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) Riskin sigorta ve reasürans yoluyla transferi yöntemleri ile ilgili kavramlara hakimiyet kazanır.
2 - Skills
Cognitive - Practical
1) Reasüransın mantığı ve risk transferindeki öneminin kavrar.
3 - Competences
Communication and Social Competence
Learning Competence
1) Reasürans türlerini uygulama biçimini bilir
Field Specific Competence
1) Reasürans türlerini bilir
Competence to Work Independently and Take Responsibility
1) Reasürans türlerinin uygulama örnekleri ile anlatılarak kavrar.

Lesson Plan

Week Subject Related Preparation
1) Definition of reinsurance, basic concepts
2) Historical development and functions of reinsurance
3) discretionary reinsurance
4) Proportional automatic reinsurance - Fixed share reinsurance par
5) Proportional automatic reinsurance - Transcendent cost reinsurance (additional)
6) Proportional reinsurance settlement scheme
7) Middle Exam
8) Resolution of disputes
9) Non-proportional Reinsurance
10) Excess of Loss Reinsurance
11) Excess of Loss Reinsurance
12) Total Excess Loss Reinsurance (Stop Loss)
13) Total Excess Loss Reinsurance (Stop Loss)
14) Application forms of reinsurance types
15) Final Exam

Sources

Course Notes / Textbooks: Ders Notları
References: Reasürans, Nomer, Cahit, Yunak, Hüseyin, Milli Re Yayını İstanbul 2003.
Reinsurance, Carter R.L. Kluwer Publishing, Oxford 1979.

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

5

Program Outcomes
1) Banking and define concepts related to the insurance profession. Banking and express numerical methods on insurance.
2) Banking and insurance companies is to apply numerical methods for using the necessary computer programs.
3) They can use a foreign language in oral and written communication and technology.
4) Banking and insurance companies is to use theoretical and practical knowledge about learning. Continuously monitors technological developments related to the field.
5) Data on the banking and insurance sectors can analyze and interpret. Followed by banking and insurance also related disciplines. They can offer suggestions to the sector's problems.
6) Banking prepare and execute the insurance-related projects.

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Banking and define concepts related to the insurance profession. Banking and express numerical methods on insurance.
2) Banking and insurance companies is to apply numerical methods for using the necessary computer programs.
3) They can use a foreign language in oral and written communication and technology.
4) Banking and insurance companies is to use theoretical and practical knowledge about learning. Continuously monitors technological developments related to the field.
5) Data on the banking and insurance sectors can analyze and interpret. Followed by banking and insurance also related disciplines. They can offer suggestions to the sector's problems.
6) Banking prepare and execute the insurance-related projects.

Learning Activity and Teaching Methods

Field Study
Brainstorming/ Six tihnking hats
Group study and homework
Homework
Q&A / Discussion

Assessment & Grading Methods and Criteria

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
total % 100

Workload and ECTS Credit Grading

Activities Number of Activities Duration (Hours) Workload
Course Hours 42 3 126
Midterms 1 1 1
Final 1 1 1
Total Workload 128