KFPOJI Insurance Industry

Faculty of Economics and Administration
Autumn 2008
Extent and Intensity
0/0. 3 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Svatopluk Nečas, Ph.D. (lecturer)
Guaranteed by
prof. Ing. Viktória Čejková, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Timetable
Sat 25. 10. 16:20–19:35 P312, Sat 13. 12. 8:30–16:15 P312
Prerequisites
Course freely builds on the knowledge gained in the study courses of the fields Financial Management and Finance. No special presumptions are required.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The course is framed as the first enter to the problems of insurance science for the students of the fields Financial business respectively Finance.
Main objectives can be summarized as follows:
- to understand introduction of the theory of insurance and reinsurance;
- to explain the relationship between insurance and risk, further terms of insurance, system of insurance, insurance relationships, reinsurance and its forms, and other concepts of the theory of insurance;
- to learn the relationship between law and insurance, right and obligation to insure itself;
- to get students acquainted with the classification of insurance, with the classes and selected insurance products for physical persons;
- to understand the basic legal precepts of the insurance industry in the Czech Republic, i.e. Insurance Act, Insurance Contract Act, the Act on insurance intermediaries and independent liquidators of insurance events, etc.;
- to delineate the structure of insurance and commercial insurance companies especially in the Czech Republic;
- to characterize the processes that proceed in this subjects of insurance market.
Syllabus
  • 1. Insurance, the beginning of the insurance and the system of insurance, the past and the present.
  • 2. Insurance and risk, insurance relationship
  • 3. Classifiction of insurance
  • 4. Life insurance and its products
  • 5. Non-life insurance and its products
  • 6. Reinsurance, the function and signification
  • 7. Legal regulations governing insurance
  • 8. Commercial insurance company
  • 9. Presentation of the activities and the insurance products of commercial insurance company
  • 10. System of insurance, its structure and subjects
  • 11. International institutions in the system of insurance
  • 12. Insurance market and its segmentation
  • 13. Insurance terminology
  • Tutorials are organised in three four-hour blocs, according to topics in this way:
  • 1. Topics No. 1 - 4
  • 2. Topics No. 5 - 9
  • 3. Topics No. 10 - 13
Literature
  • ČEJKOVÁ, Viktória and Dana MARTINOVIČOVÁ. Pojišťovnictví. 1. vyd. Brno: Masarykova univerzita, 2004, 158 s. ISBN 8021035250. info
  • ČEJKOVÁ, Viktória and Svatopluk NEČAS. Pojišťovnictví. 2., přepracované. Brno: Masarykova univerzita, 2006, 131 pp. ISBN 80-210-3990-6. info
  • BLAND, D. Pojištění: principy a praxe. The Chartered Insurance Institute. Londýn, 1993 (překlad ČAP, 1997)
  • Zákon o pojistné smlouvě : komentář. Edited by Ludvík Bohman - Libuše Dryjová - Magdalena Wawerková. Praha: Linde, 2004, 381 s. ISBN 8072015044. info
  • DUCHÁČKOVÁ, Eva. Principy pojištění a pojišťovnictví. Vyd. 1. Praha: Ekopress, 2003, 178 s. ISBN 808611967X. info
  • Manažment bankových aktív a pasív. Edited by J. S. G. Wilson, Translated by Marian Smolík. 1. vyd. Bratislava: Elita, 1995, 370 s. ISBN 80-85323-69-9. info
  • PŮLPÁN, Karel. Slovník bankovnictví, pojišťovnictví a kapitálových trhů. [Praha]: Public History, 1998, 328 s. ISBN 80-902193-2-2. info
  • VOSTATEK, Jaroslav. Sociální a soukromé pojištění. Vyd. 1. Praha: CODEX Bohemia, 1996, 601 s. ISBN 80-85963-21-3. info
  • BUŠTA, P., PŘIKRYL, V. Pojištění odpovědnosti z provozu vozidla v otázkách a odpovědích. Praha: Mobil Data, 2001
Assessment methods
Type of teaching: tutorials Requirements for approaching the exam:
1. Processing and submission of WCTs (works corrected by tutor) with classification as passed. In the case of classification failed a student will not be admitted to the exam. In the case of classification passed may the WCTs be reflected in the final classification up to 5 % (1 point), according to an assessment of the teacher;
2. Successful completion (passing) of the control test. Condition (point assessment) for the successful completion (passing) of this test is not strictly defined, because the test is part of the final exam. The condition is thus set for an overall assessment of the tests, not for its components. This control test consists at most of 10 subquestions and can be assessed up to 10 points. If a student can not physically complete the test (the apology will judge the teacher), he/she writes this test in the first two weeks of the examination period.
The final exam and final classification
The exam has a written form. Its components are the control test and the exam test. Condition of the minimum number of points for successful completion of an exam test is not strictly defined.
The final mark is made up of: the result of control test written on tutorial (maximum 10 points) and the result of exam test (maximum 10 points), eventually also classification of WCT (a bonus of up to 1 point).
Rating scale:
A: 90 - 100% (18 - 20, respectively 21 points),
B: 85 - 89% (17 - 17.9 points),
C: 75 - 84% (15 - 16.9 points),
D: 70 - 74% (14 - 14.9 points),
E: 60 - 69% (12 - 13.9 points),
F: less than 60% (less than 12 points).
Student who will have after writing the control test and the exam test less than 12 points, will repeat less marked test. The examination date for resit control test will be listed through IS MU and will take place during the examination period. Students log on the resit test. For the exam test the same rules are applied. A resit test (exam test, respectively control test) can be written by a student only twice if the student is allowed to qualify for the 2nd resit term (based on his previous study results). If not, he/she can repeat the test only once. Repetition of the test are added together and it does not apply that a student may twice (or once - see previous sentence) repeat each test.
Warning: Any frauds or attempted frauds during the exam (such as the use of „cheat sheets“ or other illicit materials, copying, allowing copying, obtaining the tests, etc.) or activities endangering the objectivity of the exam will be classified as a nonobservance of requests for course completion and will be assessed by the teacher in IS MU as "F".
Language of instruction
Czech
Follow-Up Courses
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
The course is taught annually.
General note: Předmět si zapisují studenti, kteří měli specializaci BANK.
The course is also listed under the following terms Autumn 2001, Autumn 2002, Autumn 2003, Spring 2004, Autumn 2004, Spring 2005, Autumn 2005, Spring 2006, Autumn 2006, Spring 2007, Autumn 2007, Spring 2008, Spring 2009.
  • Enrolment Statistics (Autumn 2008, recent)
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