Key words
Technics of insurance
Objectives
Students obtain a basic knowledge in the technics used by insurance companies in order to get full equilibrium by means of premium-calculation on the one hand and damages and claims on the other side.
Topics
Starting with a general introduction to the insurance system in Belgium, 4 chapters are explained in datail:- Evaluation and acceptance of risks.
- Neutralization and compensation of risks (including co-insurance and re-insurance).
- Calculation of the premiums.
- Technical activities: reserves and intermediary activities.
Prerequisites
Students need to have a basic knowledge of Financial Mathematics and Insurance Law.
Final Objectives
Materials used
Syllabus " Verzekeringstechnieken 2002"; slides and documents on insurance.
Study costs
Syllabus rated and offered by Hogeschool Gent.
Study guidance
Student's questions are answered individually.
Teaching Methods
Ex cathedra collega and cases with exercises.
Assessment
First exam session: permanent assessment 25% + written exam 75%.
Second exam session: written exam 100%.
Examination Board Flemish Community: first and second exam session: written exam 100%.
Lecturer(s)
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