Faculty of Technical Sciences

Subject: Fundamental Principles of Insurance (17.URZP80)

Native organizations units: Department of Industrial Engineering and Engineering Management
General information:
 
Category Theoretical-methodological
Scientific or art field Upravljanje rizikom i menadžment osiguranja
Interdisciplinary Yes
ECTS 5
Educational goal:

The objective of this course is to introduce a student with the significance of insurance, to find the most effective ways for economic protection due to damage or destruction of property, health and life of people, as a result of hazardous events and accidents. During the course, students acquire the knowledge needed to determine the needs, types and ways of insurance.

Educational outcome:

The student will be able to determine the need for insurance protection for enterprises and individuals, to recognize risks threatening things and people, and to design the most plausible model of insurance for different types of assets. Through lectures, practice and practical work, the student will acquire necessary knowledge about the insurance of the society, methods of functioning, technical elements of insurance as well as economic, legal and social function of insurance.

Course content:

Theoretical lectures, course contents and structure. Introduction to insurance, history of insurance, definition of insurance, insurance functioning, technical basis of insurance, economic importance of insurance. Insurance classification: non-life insurance, life insurance, reinsurance and coinsurance. Insurance subjects: the insurer, the insured, insurance claims, insurance contractor, insurance agents and insurance brokers. Organizational forms of insurance: joint-stock insurance company, mutual insurance company, insurance association, insurance pools, and reinsurance. The insurance market: global insurance market, domestic insurance market, distribution of insurance products, directives of the European Union in the field of insurance. Basic elements of insurance: the subject of insurance, the insured risk, sums insured, premiums, insured event, technical result, franchise, bonus and malus. Insurance economics: revenues, expenditures, liquidity, profitability, economy. Reinsurance, coinsurance. Damage assessment and liquidation.

Teaching methods:

Teaching on the course includes lectures and auditory exercises.

Literature:
Authors Title Year Publisher Language
Mrkšić, D., Ćosić, Đ. Upravljanje rizikom i osiguranje 2015 Fakultet tehničkih nauka, Novi Sad Serbian language
Avdalović, V. Principi osiguranja 2007 Fakultet tehničkih nauka, Novi Sad Serbian language
Scott E. Harrington, Gregory R. Niehaus Risk Management and Insurance 2004 McGraw/Irwin Serbian language
Knowledge evaluation:
Course activity Pre-examination Obligations Number of points
Test Yes Yes 10.00
Test Yes Yes 10.00
Lecture attendance Yes Yes 5.00
Exercise attendance Yes Yes 5.00
Oral part of the exam No Yes 50.00
Test Yes Yes 10.00
Test Yes Yes 10.00
Lecturers:
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vanr. prof. dr Popović Ljiljana

Associate Professor

Practical classes
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prof. dr Ćosić Đorđe

Full Professor

Lectures

Faculty of Technical Sciences

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Contact:

Address: Trg Dositeja Obradovića 6, 21102 Novi Sad

Phone:  (+381) 21 450 810
(+381) 21 6350 413

Fax : (+381) 21 458 133
Emejl: ftndean@uns.ac.rs

© 2024. Faculty of Technical Sciences.