Insurance

Teachers

Included in study programs

Teaching results

Full-time:
Student's workload: 156 hrs. (participation in lectures 26 hrs., participation in seminars 26 hrs., preparation for seminars 26 hrs., preparation for mid-term test 26 hrs., preparation for the exam 52 hrs.)
Part-time:
Student's workload: 144 hrs. (participation in lectures 24 hrs.; preparation for mid-term test 30 hrs.; preparation for consultations 20 hrs.; preparation for the exam 70 hrs.)

Indicative content

The course is aimed at gaining the necessary knowledge about insurance systems in the national economy. The subject defines the concept of insurance, insurance principles and the insurance market entities, including their relationships. From a theoretical point of view, it analyzes the character and specifics of insurance types with subsequent practical application. Within the course, students will also gain knowledge about business of the insurance company as a commercial financial institution. Attention is also devoted to the current topics and future trends of the insurance industry reflecting smart solutions and technological progress.

Support literature

PASTORÁKOVÁ, Erika - ONDRUŠKA, Tomáš - JURKOVIČOVÁ, Monika. Dejiny poisťovníctva. 1. vydanie. Praha: Wolters Kluwer ČR, 2020. ISBN 978-80-7598-998-7.
PASTORÁKOVÁ, E. - BROKEŠOVÁ, Z. - ONDRUŠKA, T. Poistný trh. 1. vyd. Bratislava: Vydavateľstvo EKONÓM, 2017. 193 s. ISBN 978-80-225-4431-3.
DUCHÁČKOVÁ, E. Pojištění a pojišťovnictví. Ekopress, 2015. ISBN 9788087865255.
ONDRUŠKA, T. et al. Poistný vzťah v kontexte spoločensko-ekonomických zmien. 1. vyd. Bratislava : Vydavateľstvo EKONÓM, 2016. 165 s. ISBN 978-80-225-4287-6.
CUMMINS, J. D. – VENARD, B. (Ed.). Handbook Of International Insurance: Between Global Dynamics And Local Contingencies.. New York : Springer, 2007. 981 s. ISBN 978-0-387-34162-0.

Syllabus

1. Introduction to insurance 2. Historical development of insurance in the world and in Slovakia 3. Systems of insurance relations in the national economy 4. Insurance and its function. Principles of insurance relations 5. Insurance market: character, functioning and subjects of the insurance market and their interaction 6. Life insurance: theoretical definition and practical applications 7. Insurance intermediation: the importance of intermediation, legislation 8. Non-life insurance: theoretical definition and practical applications 9. Technical provisions in insurance companies 10. Insurance contract. Definition of insurance business 11. Solvency of the insurance company. Legislative regulation of solvency. Solvency II. 12. Reinsurance: definition, theoretical background and practical applications 13. Modern trends and challenges in insurance industry

Requirements to complete the course

30% mid-term test, 10% group and teamwork assignments, 60% written exam

Date of approval: 10.02.2023

Date of the latest change: 06.04.2021