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ACTUARY AND INSURANCE TRANSACTIONS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BAY417 ACTUARY AND INSURANCE TRANSACTIONS 7 3 3 8

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 - Definition of Insurance/Its History/Used Terms/ Characteristics of Insurance Narration and Discussion method
2 Reading book chapters related with the subject Simple and Compound Discount and Transactions. Applications. Simple and Compound Discount and Transactions Narration and Discussion method
3 Reading book chapters related with the subject Simple and Compound Discount and Transactions. Applications. Simple and Compound Discount and Transactions Narration and Discussion method
4 Reading book chapters related with the subject Compound Interest Theory and its application in Insurance Narration and Discussion method
5 Reading book chapters related with the subject Introduction to Life Tables,Definition of Life Tables, Types of Life Tables, Elements and Calculations of Life Tables Narration and Discussion method
6 Reading book chapters related with the subject Claims payments -1 Narration and Discussion method
7 Reading book chapters related with the subject Claims payments -2 Narration and Discussion method
8 - MID-TERM EXAM -
9 Reading book chapters related with the subject Claims payments -3 Narration and Discussion method
10 Reading book chapters related with the subject Characteristics of Life Tables, Use of Life Tables in Health Insurance, Creating Life Table Narration and Discussion method
11 Reading book chapters related with the subject Commutation Tables, Definition of Commutation Tables, Creating Commutation Tables Narration and Discussion method
12 Reading book chapters related with the subject Mathematical Provisions Narration and Discussion method
13 Reading book chapters related with the subject Calculation of Premium and Compensations in Some Capital, Life and Income Insurances Narration and Discussion method
14 Reading book chapters related with the subject Current legal regulations on Insurance-1 Narration and Discussion method
15 Reading book chapters related with the subject Current legal regulations on Insurance-2 Narration and Discussion method
16 - FINAL EXAM -
17 - FINAL EXAM -