Risk Management for Insurances

• Tasks, objectives, contents and organisation of risk management within an insurance company • Regulatory framework for risk management in insurance with special regard to Solvency II • Risk measurement in the life and non-life sectors • Risk measurement in the area of market risks • Risk-based management of an insurance company • Solvency II with regard to supervisory powers and disclosure requirements

Art der Vermittlung

Präsenzveranstaltung

Art der Veranstaltung

Pflichtfach

Empfohlene Fachliteratur

FMA (2012) Praxishandbuch Solvency II, LexisNexis ARD ORAC, 1st edition

Lern- und Lehrmethode

Lecture and independent solving of examples; drafting a written paper; discussion

Prüfungsmethode

Continuous assessment (exercises and student contributions in class, 30%) and written exam (70%)

Voraussetzungen laut Lehrplan

Module Business Administration for Insurance, Financial Mathematics/Statistics, Financial Markets

Schnellinfos

Studiengang

Banking and Finance (English)

Akademischer Grad

Bachelor

ECTS Credits

2.00

Unterrichtssprache

Englisch

Studienplan

Vollzeit

Studienjahr, in dem die Lerneinheit angeboten wird

2021

Semester in dem die Lehrveranstaltung angeboten wird

5 WS

Incoming

Nein

Lernergebnisse der Lehrveranstaltung

After successful completion of this course, students can • describe the tasks of risk management in insurance companies • present important methods for quantifying and managing the various risks relevant to insurance firms and relate them to the relevant regulatory requirements • implement the most important provisions of the Solvency II Standardised Approach and to assess possible effects on various areas of an insurance firm • identify the supervisory powers determined under Solvency II and draw conclusions for the management of insurance firms

Kennzahl der Lehrveranstaltung

1229-19-01-VZ-EN-37