Versicherungsbetriebslehre

Mode of delivery

face to face

Type

compulsory

Planned learning activities and teaching methods

Lecture (VO), integrated course (ILV)

Prerequisites and co-requisites

None

Infos

Degree programme

Banking and Finance (Bachelor)

Cycle

Bachelor

ECTS Credits

6.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2021

Semester

2 SS

Incoming

No

Learning outcome

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

Course code

0229-19-01-VZ-DE-M09