BPF_POJ1 Insurance Industry 1

Faculty of Economics and Administration
Spring 2025
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
In-person direct teaching
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
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 150 student(s).
Current registration and enrolment status: enrolled: 0/150, only registered: 217/150, only registered with preference (fields directly associated with the programme): 202/150
fields of study / plans the course is directly associated with
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 activity and distribution, 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. Basics of insurance theory (risk, insurance, principles of insurance, classification of insurance), history of insurance and insurance industry
  • 2. Insurance relationship, insurance terminology
  • 3. Non-life insurance and its products
  • 4. Worker’s compensation
  • 5. Life insurance and its products. Medical and financial underwriting
  • 6. Legal regulations governing insurance
  • 7. Commercial insurance company and its activities I.
  • 8. Commercial insurance company and its activities II.
  • 9. Reinsurance
  • 10. System of insurance, its structure and subjects. International institutions in the system of insurance
  • 11. Distribution in the insurance industry
  • 12. Insurance market
  • Theme plan and content of seminars (by weeks of instruction): 1. Introductory seminar, organization of the course,, basics of insurance theory
  • 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. Other products of non-life insurance
  • 7. Insurance in tourism. Employee liability insurance
  • 8. Life insurance as a part of insurances of persons
  • 9. Other insurances of persons
  • 10. Insurance for private medical treatment
  • 11. Bancassurance and its products
  • 12. Insurance frauds
Literature
    required literature
  • ZÁKON č. 168/1999 Sb., o pojištění odpovědnosti z provozu vozidla, ve znění pozdějších předpisů
  • 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
  • ZÁKON č. 89/2012 Sb., občanský zákoník, ve znění pozdějších předpisů
  • ZÁKON č. 277/2009 Sb., o pojišťovnictví, ve znění pozdějších předpisů
  • ZÁKON č. 170/2018 Sb., o distribuci pojištění a zajištění, ve znění pozdějších předpisů
  • Zákon o pojištění odpovědnosti z provozu vozidla : komentář. Edited by Lucie Jandová - Petr Vojtek. 2. vydání. V Praze: C.H. Beck, 2019, xvii, 432. ISBN 9788074007651. info
  • KARFÍKOVÁ, Marie, Vladimír PŘIKRYL and Roman VYBÍRAL. Pojišťovací právo. 2. přepracované vydání. Praha: Leges, 2018, 432 stran. ISBN 9788075022714. info
  • NOVOTNÝ, Petr, Monika NOVOTNÁ, Petra BUDÍKOVÁ, Jitka IVIČIČOVÁ, Kristina KEDROŇOVÁ, Ilona ŠTROSOVÁ and Monika ŠTÝSOVÁ. Smluvní právo. 2., aktualizované vydání. Praha: Grada, 2017, 232 stran. ISBN 9788027106097. URL 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
    recommended literature
  • PASTORÁKOVÁ, Erika, Tomáš ONDRUŠKA a Monika JURKOVIČOVÁ. Dejiny poisťovníctva. 1. vyd. Praha: Wolters Kluwer ČR, 2021. ISBN 978-80-7598-998-7
  • ZÁKON č. 278/2009 Sb., o změně zákonů v souvislosti s přijetím zákona o pojišťovnictví
  • 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
  • KINDL, Milan and Aleš ROZEHNAL. Občanské právo : souhrnný výklad. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, s.r.o., 2023, 633 stran. ISBN 9788073809300. info
  • REJDA, George E. and Michael J. MCNAMARA. Principles of risk management and insurance. Global edition. Harlow: Pearson, 2017, 720 stran. ISBN 9781292151038. info
  • ZWEIFEL, Peter and Roland EISEN. Insurance economics. Heidelberg: Springer, 2012, xvi, 451. ISBN 9783642205477. 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
  • DUCHÁČKOVÁ, Eva and Jaroslav DAŇHEL. Teorie pojistných trhů. 1. vyd. Praha: Professional Publishing, 2010, 216 s. ISBN 9788074310157. info
  • Česko-anglický slovník pojišťovnictví. 1. vyd. Praha: Grada, 2007, 447 s. ISBN 9788024718170. URL 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
  • DAŇHEL, Jaroslav. Pojistná teorie. Vyd. 1. Praha: Professional Publishing, 2005, 332 s. ISBN 8086419843. info
  • Anglicko-český slovník pojišťovnictví. 1. vyd. Praha: Grada, 2003, 516 s. ISBN 8024702487. 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
  • Vybrané kapitoly z pojišťovnictví. 1. vyd. Praha: Česká asociace pojišťoven, 1996, 176 s. 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 electronic form) and the presentation of a seminar project at given issue (using PowerPoint) with classification as passed. The classification of seminar project is passed or failed. In the case of classification failed a student will be not admitted to the exam. In the case of classification passed will the seminar project be reflected in the final classification (up to 2 points), according to an assessment of the directive of the seminar;
b) compulsory attendance of seminars, only three unexcused absences are tolerated. In the case of nonfulfilment of this condition a student will be not admitted to the exam;
c) completion (passing) of the exam. Condition (points assessment) for the successful completion (passing) of the exam is not strictly defined, because the final classification is influenced by the seminar project as well (see above).
For students who are on a study stay abroad, the same conditions apply, with the exception of the presentation of the seminar project and point b). The relevant students contact the guarantor of the course no later than in the first week of the semester and agree on the topic of the seminar project, which they submit in electronic form no later than a week before the scheduled date of their exam.
The exam and final classification
The exam has a written form. Content of the exam is a matter of the lectures, seminars and literature.
The final mark is made up of: the result of the exam (maximum 18 points) and classification of the seminar project (maximum 2 points).
Rating scale:
A: at least 92% (at least 18.4 points),
B: at least 84% (at least 16.8 points),
C: at least 76% (at least 15.2 points),
D: at least 68% (at least 13.6 points),
E: at least 60% (at least 12 points),
F: less than 60% (less than 12 points).
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.
The course is taught: every week.
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 2020, Spring 2021, Spring 2022, Spring 2023, Spring 2024.
  • Enrolment Statistics (recent)
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