Overview
Lecturer
Adina Elena Dănulețiu
Seminar tutor
Adina Elena Dănulețiu
Type of course
Compulsory
Language of instruction
English
Erasmus language
English
Domain
Finance
Field of study
Finance and Banks
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecture, conversation, exemplification.
Entry requirements
-
Aims
to provide the students with the knowledge fund for creating the abilities to use in specific economic situations the language and tools specific to the field of insurance and reinsurance
to familiarize the students with the main categories and types of insurance;
to develop the students' ability to analyze the differentiation elements of insurance products;
The ability to analyze an insurance contract and calculate the insurance premium and the compensation due in case of insurance of goods, persons and civil liability;
The ability to decide on the opportunity of obtaining an insurance
Course contents
1. Theoretical and methodological framework of insurance
2. Technical elements of insurance. Classification of insurances
3. Insurance contract
4. Insurance of goods
5. Insurance against civil liability
6. Road transport insurance
7. Third party liability insurance
8. Insurance against financial risks
9. Life insurance
10. Reinsurance
Learning outcomes
• the student should demonstrate a strong basic understanding of property, liability, automobile insurance, introduction to reinsurance,
• Understanding of reinsurance, methods and types of reinsurance, and functions of reinsurance
• Awareness of pre-contract negotiations and the documentation that is required to enter into a insurance contract.
Assessment
Written exam – 60%; verification during semester – 40%.
Recommended reading
Insurance For Dummies®, 2nd Edition
Jack Hungelmann
Wiley Publishing, Inc., Indianapolis, Indiana, 2009
Insurance Handbook A guide to insurance: what it does and how it works
xxx
Insurance Information Institute, New York, 2010
Analysis of the Recent Evolutions of the Romanian Motor Insurance Market Ovidius University Annals, Economic Sciences Series, vol. 0(2), pages 317-32
ãnuleţiu Adina Elena, Dãnuletiu Dan Constantin
Ovidius University Annals, Economic Sciences Series, vol. 0(2), Constanta, 2011.