INTRODUCTION TO THE INSURANCE INDUSTRY
Année du cours : 3 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S2
Financial knowledge at Bachelor 2 level is required, and basic knowledge of financial markets and instruments; Finance Fundamentals course done
– 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
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
