BPF_POJ1 Insurance Industry 1

Faculty of Economics and Administration
Spring 2020
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Svatopluk Nečas, Ph.D. (lecturer)
Ing. Svatopluk Nečas, Ph.D. (seminar tutor)
Guaranteed by
Ing. Svatopluk Nečas, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance – Faculty of Economics and Administration
Timetable
Thu 14:00–15:50 P101
  • Timetable of Seminar Groups:
BPF_POJ1/01: Tue 12:00–13:50 P303, S. Nečas
BPF_POJ1/02: Mon 14:00–15:50 P103, S. Nečas
BPF_POJ1/03: Tue 14:00–15:50 P303, S. Nečas
BPF_POJ1/04: Mon 10:00–11:50 P303, S. Nečas
Prerequisites
The course is framed as the first enter to the problems of insurance science for the students of the fields Finance respectively Finance and law. Course freely builds on the knowledge gained in the study courses of both fields. No special presumptions are required.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 220 student(s).
Current registration and enrolment status: enrolled: 0/220, only registered: 0/220, only registered with preference (fields directly associated with the programme): 0/220
fields of study / plans the course is directly associated with
there are 7 fields of study the course is directly associated with, display
Course objectives
Main objective of the course is to explain basics of the insurance and reinsurance theory, the relationship between insurance and risk, insurance relationship and related processes, insurance classification and branches of Insurance, incl. selected products of insurance for physical persons.
Learning outcomes
At the end of this course students will be able to:
- explain basics of insurance and reinsurance theory, relationship between insurance and risk, classification of insurance;
- analyze insurance relationship and related processes,
- define and analyze branches of insurance, incl. selected products of insurance for physical persons
- explain the fundamentals of insurance and intermediary activity, incl. details adjusted by law in the Czech Republic;
- delineate the structure of insurance industry and commercial insurance companies especially in the Czech Republic a characterize their processes;
- formulate fundamentals, function and importance of selected international insurance institutions.
Syllabus
  • Lectures theme plan
  • 1. Insurance, the beginning of the insurance and the system of insurance, the past and the present, insurance and risk, insurance principles
  • 2. Insurance relationship, insurance terminology
  • 3. Classification of insurance
  • 4. Life insurance and its products
  • 5. Non-life insurance and its products
  • 6. Legal regulations governing insurance
  • 7. Commercial insurance company and its activities
  • 8. Liquidation of insurance event (selected issues of theory and practice)
  • 9. Reinsurance, the function and signification
  • 10. System of insurance, its structure and subjects
  • 11. International institutions in the system of insurance
  • 12. Distribution in the insurance industry
  • 13. Insurance market
  • Theme plan and content of seminars (by weeks of instruction): 1. Introductory seminar, organization of seminars, condition assessment and completion of the course, allocation of seminary work
  • 2. Insurance contract as a base of insurance relation
  • 3. Motor insurance I. (motor third party liability insurance)
  • 4. Motor insurance II. (hull insurance, subsidiary insurances)
  • 5. Immovable and movable assets insurance
  • 6. Insurance in tourism. Liability insurance
  • 7. Life insurance
  • 8. Pension insurance
  • 9. Other insurances of persons
  • 10. Insurance for private medical treatment
  • 11. Bancassurance and its products
  • 12. Insurance frauds; current problems in insurance industry
  • 13. Control Test (part of the final exam)
Literature
    required literature
  • ZÁKON č. 89/2012 Sb., občanský zákoník, v platném znění
  • Aktuální studijní materiály předmětu Akademické psaní. https://www.econ.muni.cz/akap
  • VÁVROVÁ, Eva. Pojišťovnictví I. Vyd. 1. Brno: Mendelova univerzita v Brně, 2013, 104 s. ISBN 978-80-7375-784-7
  • BUŠTA, Pavel a Vladimír PŘIKRYL. Zákon o pojištění odpovědnosti z provozu vozidla s komentářem a souvisejícími předpisy. Praha: Venice Music Production, 2014. 220 s. ISBN 978-80-9042-705-1
  • KARFÍKOVÁ, Marie, Vladimír PŘIKRYL and Roman VYBÍRAL. Pojišťovací právo. 2. přepracované vydání. Praha: Leges, 2018, 432 stran. ISBN 9788075022714. info
  • DUCHÁČKOVÁ, Eva. Pojištění a pojišťovnictví. 1. vydání. Praha: Ekopress, 2015, 305 stran. ISBN 9788087865255. info
  • Pojištění v novém občanském zákoníku : komentář : [§ 2756-2872]. Edited by Lucie Jandová - Petr Šlauf - Jaroslav Svejkovský. Vyd. 1. V Praze: C.H. Beck, 2014, xix, 353. ISBN 9788074005305. info
  • ČEJKOVÁ, Viktória, Svatopluk NEČAS and Dana MARTINOVIČOVÁ. POISTNÝ TRH teória i prax (INSURANCE MARKET theory and practice). 1st ed. Bratislava: Iura Edition, spol. s r. o., 2011, 222 pp. edícia Ekonómia. ISBN 978-80-8078-399-0. info
    recommended literature
  • DUCHÁČKOVÁ, Eva and Jaroslav DAŇHEL. Teorie pojistných trhů. 1. vyd. Praha: Professional Publishing, 2010, 216 s. ISBN 9788074310157. info
  • Zákon o pojistné smlouvě : komentář. Edited by Ludvík Bohman - Magdalena Wawerková. Praha: Linde, 2009, 335 s. ISBN 9788072017553. info
  • CIPRA, Tomáš. Pojistná matematika : teorie a praxe. 2., aktualiz. vyd. Praha: Ekopress, 2006, 411 s. ISBN 8086929116. info
  • ČEJKOVÁ, Viktória and Svatopluk NEČAS. Pojišťovnictví. 2., přepracované. Brno: Masarykova univerzita, 2006, 131 pp. ISBN 80-210-3990-6. info
  • MAJTÁNOVÁ, Anna. Pojišťovnictví :teorie a praxe. 1. vyd. Praha: Ekopress, 2006, 288 s. ISBN 8086929191. info
  • Anglicko-český slovník pojišťovnictví. 1. vyd. Praha: Grada, 2003, 516 s. ISBN 8024702487. info
  • Životní pojištění. 1. vyd. Praha: Grada, 2002, 104 s. ISBN 8024701464. info
  • BLAND, David. Pojištění : principy a praxe. 1. vyd. Praha: Česká asociace pojišťoven, 1997, 1 sv. info
  • VOSTATEK, Jaroslav. Sociální a soukromé pojištění. Vyd. 1. Praha: CODEX Bohemia, 1996, 601 s. ISBN 80-85963-21-3. info
Teaching methods
lectures and seminars (mostly presentation of seminar projects at given issue and discussion to them)
Assessment methods
Type of teaching: lectures, seminars Requirements for completion of the course:
a) processing, submission (in written and electronic form) and the presentation of a seminar project at given issue (using PowerPoint) with classification as passed. The classification of seminar project passed or failed. In the case of classification failed a student will not be admitted to the exam. In the case of classification passed may the seminar work be reflected in the final classification up to 5 % (1 point), according to an assessment of the directive of the seminar;
b) successful completion (passing) of the control test of seminars Condition (points assessment) for the successful completion (passing) of this test is not strictly defined, because the test is a part of the final exam. The condition is thus set for an overall assessment of the tests, not for its components. This test of seminars can be assessed up to 8 points. Control test of the seminars will be written in the 13th week of the semester. If a student can not physically complete the test (the apology will judge the directive of the seminar), he/she writes a test in the first two weeks of the examination period.
c) participation at least on 10 seminars.
The final exam and final classification
The exam has a written form. Content of the final exam is mostly a matter of the lectures and literature. Condition of the minimum number of points for successful completion of a test of lectures and literature is not strictly defined.
The final mark is made up of: the result of control test (maximum 8 points) and the result of the test of lectures and literature (maximum 12 points), eventually also classification of the seminar work (a bonus of up to 1 point).
Rating scale:
A: 92 - 100% (18,4 - 20 points),
B: 84 - 91% (16.8 - 18.3 points),
C: 76 - 84% (15.2 - 16.7 points),
D: 68 - 75% (13.6 - 15.1 points),
E: 60 - 67% (12 - 13.5 points),
F: less than 60% (less than 12 points).
Student who will have after writing the control test and the test of lectures and literature less than 12 points, will repeat only the test of lectures and literature. Students log on the resit test.
Warning: Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
General note: Přednášky jsou dostupné online a ze záznamu.
The course is also listed under the following terms Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2021, Spring 2022, Spring 2023, Spring 2024, Spring 2025.
  • Enrolment Statistics (Spring 2020, recent)
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