Business Administration for Insurance

Art der Vermittlung

Präsenzveranstaltung

Art der Veranstaltung

Pflichtfach

Lern- und Lehrmethode

Lecture (VO), integrated course (ILV)

Voraussetzungen laut Lehrplan

None

Schnellinfos

Studiengang

Banking and Finance (English)

Akademischer Grad

Bachelor

ECTS Credits

6.00

Unterrichtssprache

Englisch

Studienplan

Vollzeit

Studienjahr, in dem die Lerneinheit angeboten wird

2021

Semester in dem die Lehrveranstaltung angeboten wird

2 SS

Incoming

Nein

Lernergebnisse der Lehrveranstaltung

After successful completion of the module, students can • describe the business administration aspects in insurance • outline the development of the insurance industry and delineate insurable risks from the general risk concept • classify the various operational functions in the insurance industry • highlight the special nature of insurance products offered by private insurance companies, contrast them with, and distinguish them from the services offered by social insurance • classify the function of risk management in insurance companies, and explain the most relevant international and European general supervisory conditions • delineate the services of private insurance companies and of Austrian social insurance from each other in various product categories • present the theoretical fundamentals of non-life insurance mathematics • apply the basics of life insurance mathematics, and calculate the premiums of simple endowment and death insurance products • compare the offers by various private insurance companies, and identify their advantages and disadvantages

Kennzahl der Lehrveranstaltung

1229-19-01-VZ-EN-M09