PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
BNK 236	DAMAGE AND RISK MANAGEMENT	2 + 0	4th Semester	3

COURSE DESCRIPTION

Course Level	Associate's Degree
Course Type	Compulsory
Course Objective	The student learns the methods of insurance companies to manage their own risks. Gains information about reinsurance transactions, which have an important place among them.
Course Content	The importance of basic insurance information in terms of damage and risk management, damage and risk management on the basis of branches (Life, property, liability and other insurances), responsibilities of the insured and insurer in case of risk, importance of basic insurance information in terms of damage management, branches (life, property, liability) and other insurances) on the basis of damage management, the responsibilities of the insured and the insurer in case of risk realization, assignment of loss adjusters to determine the damage, methods applied for determining the damage without assigning the loss adjuster and determining the compensation in monetary terms, damage reinsurance and its application, prevention and methods of insurance abuses.
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	Students will be able to turn their theoretical knowledge on insurance into practice.
2	It can open an exclusive business related to property and life insurance.
3	Be knowledgeable regarding the damage and risk management practices
4	Regulation of the insurance policy and the policy to be informed about the principles of actuarial

COURSE'S CONTRIBUTION TO PROGRAM

	PO 01	PO 02	PO 03	PO 04	PO 05	PO 06	PO 07	PO 08	PO 09	PO 10	PO 11	PO 12
LO 001	5	5	5		5	5	5				5	5
LO 002		5	4		5				5
LO 003				5		4		5			4
LO 004	5					4				3	5	4
Sub Total	10	10	9	5	10	13	5	5	5	3	14	9
Contribution	3	3	2	1	3	3	1	1	1	1	4	2

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	2	28
Mid-terms	14	2	28
Final examination	11	2	22
Total Work Load ECTS Credit of the Course			78 3

COURSE DETAILS

Select Year

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
BNK 236	DAMAGE AND RISK MANAGEMENT	2 + 0	1	Turkish	2023-2024 Spring

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Asts. Prof. Dr. HİLAL SARI ÖZGÜN	sarih@pau.edu.tr		BEMYO E0109	%

Goals		The student learns the methods of insurance companies to manage their own risks. Gains information about reinsurance transactions, which have an important place among them.
Content		The importance of basic insurance information in terms of damage and risk management, damage and risk management on the basis of branches (Life, property, liability and other insurances), responsibilities of the insured and insurer in case of risk, importance of basic insurance information in terms of damage management, branches (life, property, liability) and other insurances) on the basis of damage management, the responsibilities of the insured and the insurer in case of risk realization, assignment of loss adjusters to determine the damage, methods applied for determining the damage without assigning the loss adjuster and determining the compensation in monetary terms, damage reinsurance and its application, prevention and methods of insurance abuses.

Topics

Weeks	Topics
1	What's the risk? risk Types
2	What is Risk Management? Risk Management Cost Effectiveness and Importance, Types of Risk Management and the risk management process
3	Type of Insurance as a Risk Management Activities and the Global Insurance System
4	Insurance Activities Risk Assessment, Business Acceptance and Production Limits, Pricing
5	Insurance Activities Risk Assessment, Business Acceptance and Production Limits, Pricing
6	Insurance Reinsurance Risk Management System, retrocession, coinsurance, Pool, Derivative Transactions
7	Applying Claim Damage Claim, or damage to, Sample Problems
8	What is salvage? Salvage Salvage Value and Payment of Claims Example Problems relation to the assessment
9	midterm exam
10	Indemnities and Provisions for Outstanding Claims, IBNR calculation
11	Calculation of Reserve for Unexpired Risk and Damage / Loss Ratio
12	The Importance of Claims Management and Insurance Claims Management, Marketing and Sales Operations Impact
13	Damage Prevention Activities
14	General Review

Materials

Materials are not specified.

Resources

Course Assessment

Assesment Methods	Percentage (%)	Assesment Methods Title
Final Exam	60	Final Exam
Midterm Exam	40	Midterm Exam

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student