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Reinsurance

Major: Finance, Banking and Insurance
Code of Subject: 7.072.04.E.64
Credits: 6
Department: Finance
Lecturer: PhD, Assoc. prof. Iryna Kondrat
Semester: 3 семестр
Mode of Study: денна
Learning outcomes:

As a result of studying the module, the student must:

Know: essence and peculiarities of realization of reinsurance operations; the legal basis for reinsurance in Ukraine; structure of reinsurance legal relations; forms and methods of reinsurance; the procedure and features of the conclusion of reinsurance contracts; financial basis of reinsurance activity.

be able: to calculate the value of own retention of the assignor with the quota reinsurance; determine the capacity of the ex-agreement; Determine the amount of damages to the reinsurer of the assignor under the contract of an existent loss.
Required prior and related subjects:
Finance, insurance
Summary of the subject:
Concept of reinsurance activity and reinsurance company. Legal regulation of reinsurance activity. Classification of reinsurance operations on various grounds. Characteristics of reinsurance operations by the method of transfer of risks. Characteristics of reinsurance operations by the forms of implementation. Procedure for concluding a reinsurance contract. Financial Reinsurance Basics. Mutual settlements in reinsurance.
Recommended Books:
1. Страховий і перестраховий ринки в епоху глобалізації: монографія / Козьменко О.В., Козьменко С.М., Васильєва Т.А. та ін. – Суми: Університетська книга, 2011. – 388 с. 2. Кнейслер О. Державне регулювання ринку перестрахування / О. Кнейслер // Вісник КТЕУ. – 2012. - №4. -С.46-54. 3. Мних М. В. Перестрахування: Посіб. для студ. вузів. — К. : Знання України, 2004. — 95с. 4. Пфайффер К. Введение в перестрахование. - М.: Анкил, 2000. – 160с.
Assessment methods and criteria:
Current control (30%)
Individual scientific work (20%)
Exam (50%)