Syllabus Title of the course: Insurance Markets
Number of hours: 30 hours ECTS: 3
Semester: 4 (summer), MME Lecturer: Dr. Mariusz Dybał, Ph.D.
Office: room 203c – A building Office hours: To be agreed
E-mail: mariusz.dybal@uwr.edu.pl
Home page: https://prawo.uni.wroc.pl/user/12048/students-resources?language=en Course objectives:
After completing this course, students should be able to:
- understand the nature of risk and its application,
- understand the general purpose, role and benefits of insurance, - demonstrate a knowledge of how the insurance market works, - understand how the general insurance market is regulated, - apply the basic legal principles of insurance,
- identify the key features, benefits and use of the main forms of insurance.
Grading policy:
There will be case study every week that cover the material for that week. Each student is asked to solve case study at home and hand it on the next lecture in print form. The more case studies one will do the higher grade one will have. The weights for the final course grade are as follows:
5,0 – 5 case studies 4,5 – 4 case studies 4,0 – 3 case studies 3,5 – 2 case studies 3,0 - 1 case study 2,0 – no case studies
Table of contents:
Risk in our society Insurance and Risk
Introduction to Risk management
Types of unsurers and marketing systems Government regulation of insurance Fundamental legal principles Life Insurance
Annuities and individual retirement accounts Social Insurance
The liability risk
Insurance company operations Auto insurance and society Analysis of insurance contracts Recommended reading:
George E. Rejda, PRINCIPLES OF RISK MANAGEMENT AND INSURANCE, Addison Wesley;
Emmett J. Vaughan, Therese M. Vaughan, FUNDAMENTALS OF RISK AND INSURANCE, Wile.
