Controlling for Insurance

Mode of delivery

face to face

Type

compulsory

Planned learning activities and teaching methods

Project seminar (PS), integrated course (ILV)

Prerequisites and co-requisites

Business Administration for Insurance

Infos

Degree programme

Banking and Finance (engl.)

Cycle

Bachelor

ECTS Credits

6.00

Language of instruction

English

Curriculum

Full-Time

Academic year

2021

Semester

4 SS

Incoming

No

Learning outcome

After successful completion of this module, students can • describe the tasks of risk management in insurance companies • outline various forms of sales organisation of typical financial products and highlight the differences between them • define and interpret the most important sales-related key figures • demonstrate various forms of commission systems and identify the respective advantages and disadvantages • illustrate important methods for quantifying and managing the various risks relevant to insurance undertakings and to relate them to the relevant regulatory requirements • critically analyse the consulting services of banks, insurance companies, agencies or brokers in this area and draw conclusions and conclusions for improvement possibilities • implement the main provisions of the Solvency II Standardised Approach (2) and assess the potential impact on different areas of an insurance company • identify the supervisory powers determined under Solvency II (2) and infer conclusions and consequences for the management of insurance companies

Course code

1229-19-01-VZ-EN-M17