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Our Degree Programs
Establishment
Language of instruction
English
Teaching content
FINANCE
Training officer(s)
J.Wienbelt
Stakeholder(s)
J.Wienbelt
Présentation
Prerequisite
Financial knowledge at Bachelor 2 level is required, and basic knowledge of financial markets and instruments; Finance Fundamentals course done
Goal
- Understand what is Risk and how the Insurance industry is accepting risk
- Understand different types of insurance, main players, types of distribution
- Understand the 4 key processes for success in insurance: Risk Mangement, Underwriting, Invesments / Portfolio Management and Operations / Claims Handling
- How does a General / Non-Life Insurance company make money?
- What is Life Insurance and Pensions?
- Understand Finance for Insurers, ratios, the role of solvency capital and capital adequacy, regulations / SOLVENCY II
- Understand different types of insurance, main players, types of distribution
- Understand the 4 key processes for success in insurance: Risk Mangement, Underwriting, Invesments / Portfolio Management and Operations / Claims Handling
- How does a General / Non-Life Insurance company make money?
- What is Life Insurance and Pensions?
- Understand Finance for Insurers, ratios, the role of solvency capital and capital adequacy, regulations / SOLVENCY II
Presentation
6 sessions:
1) Introduction
2) The Insurance market
3) General or Non-Life Insurance
4) Life Insurance and Pensions
5) Finance for Insurers
6) Risk Management
1) Introduction
2) The Insurance market
3) General or Non-Life Insurance
4) Life Insurance and Pensions
5) Finance for Insurers
6) Risk Management
Modalités
Organization
| Type | Amount of time | Comment | |
|---|---|---|---|
| Présentiel | |||
| Cours interactif | 16,00 | ||
| Autoformation | |||
| Lecture du manuel de référence | 10,00 | ||
| Travail personnel | |||
| Charge de travail personnel indicative | 24,00 | ||
| Overall student workload | 50,00 | ||
Evaluation
3 Cases, 30mn and 20% each = 60%; Final Exam: 40%.
For each group case, written feedback by e@mail will be given to the group. In case of a presentation in class, written feedback will be obtained from students and used in my group-e@mail with feedback to the group.
For each individual case, I will send a general e@mail to class, with feedback on the case.
Finally, I will write an e@mail to the group after the Final Exam with some general remarks about what was important in responding to the exam questions.
For each group case, written feedback by e@mail will be given to the group. In case of a presentation in class, written feedback will be obtained from students and used in my group-e@mail with feedback to the group.
For each individual case, I will send a general e@mail to class, with feedback on the case.
Finally, I will write an e@mail to the group after the Final Exam with some general remarks about what was important in responding to the exam questions.
| Control type | Duration | Amount | Weighting |
|---|---|---|---|
| Examen (final) | |||
| Examen écrit | 1,50 | 1 | 40,00 |
| Autres | |||
| Etude de cas | 1,50 | 3 | 60,00 |
| TOTAL | 100,00 | ||
Ressources
Bibliography
Introduction to Risk Management and Insurance by Mark S. Dorfman, 10th edition, Pearson; - Introduction to Risk Management and Insurance by Mark S. Dorfman, 10th edition, Pearson;
Introduction to Risk Management and Insurance by Mark S. Dorfman, 10th edition, Pearson; to be bought by all students before 1st session