PA.UC
COURSE SYLLABUS
„Asigurări Internaţionale”
Aprobat la Consiliul profesoral al facultăţii
Științe Economice
proces-verbal nr. 1 din 08.09.2014
Preşedintele Consiliului Drăgălin Iu.,
dr., conf. univ. inter.
_____________________________________
RED.:
01
DATA:
08.09.2014
PAG. 1/6
Aprobat la şedinţa catedrei
Finanțe, Bănci și Contabilitate
proces-verbal nr. 1 din 05.09.2014
Şef catedră Balan I.,
dr., conf. univ. inter.
______________________________
Ministerul Educaţiei al Republicii Moldova / Ministry of Education of the Republic of Moldova
Universitatea Liberă Internaţională din Moldova / Free International University of Moldova
Facultatea Ştiinţe Economice/ Faculty of Economics
Catedra Finanţe, Bănci şi Contabilitate/ Finance, Banking and Accounting Department
Programa analitică / Course syllabus
Asigurări Internaţionale
International Insurance
Autor / author: PhD., senior lecturer, Igor Balan
Lecturer, Master in Economics, Cazac Ilie
The authors of the program:
PhD., senior lecturer, Igor Balan
The Lecturer of the course:
lecturer, Master in Economics, Cazac Ilie
Chisinău 2014
Data on the course:
The authors of the program:
PhD., senior lecturer, Igor Balan
The Lecturer of the course:
lecturer, Master in Economics, Cazac Ilie
Email:
SO.04.L.34
The course code:
Deciphering the code of the course
(F-fundamental, G-total, S-specialty,
humanitarian, M-designed Masters):
S
U-social-
Categories of course obligation:
(O-obligatory, A-additional, L-to choice):
O
Credits ECTS:
4
Specialty / specialization:
Finance and Banking
Cycle:
Licensee
Year of study:
III
Semester:
V
Total number of hours:
120
The number of classroom hours:
60
Of these
lectures:
semenar:
30
30
The number of hours for individual study:
30
Language of instruction:
The previous discipline:
English
Insurance and reinsurance.
Description and purpose of the course:
The main objective of the discipline "International Insurance" is the feature content and
the main directions of the course are knowledge of the basic principles of insurance;
personal insurance; liability insurance; provision of land transport; risk insurance in
entrepreneurial activity; indirect insurance (reinsurance); international security.
Code
1.1.
1.2.
Objectives of the study according to the
curriculum
Knowledge
in national or international insuarnce field,
both in theoretical aspect and the practical
conduct related to financial activities;
Code
1.1.1.
Objectives of the study in accordance with the
specifics of the course
Knowledge
knowledge in the basic concepts of international
insuarnse, their classification.
in the analysis of the financial market and
the local, regional and global investment
environment in the efficient running of
insurance, conception of the projects in
insurance field;
in solving of the complex problems,
formulating of the opinion what includes the
reflection of economic and ethical
responsibilities;
In the regulation domain and normative acts
in financial investment field.
Abilities
to orientate to new professional situations,
applying the skills gained through the
implementation of innovative management
solutions what require taking decisions by
using economic knowledge, extensive in
financial and Insurance literacy;
to act in making investment decisions related
to Insurance relation;
1.2.1.
evaluating the economic efficiency of National
Insuarnce;
1.3.1.
Knowing the direction of using the International
Insuarnce to solve problems;
1.4.1.
Knowledge and orientation in National Insuarnce
legislation
Abilities
knowledge and practical guidance on high
professional standards in a dynamic and
competitive scope;
2.2.1.
to make some economic and financial investment
decisions related to Insurance domain;
to use effectively economic information in
order to maintain financial balance of public
and private insuance institutions.
to broaden the acquired economic skills and
the doctrinal matrices, studied on other
social, political, educational, social and
cultural phenomena, what occur during
making decision in the concrete work
situations.
Skills
2.3.1.
efficient use of economic information for
evaluation the economic efficiency of the
investments;
application of knowledge gained in other spheres
of activity.
3.1.
elaborating of the tools and the
mechanisms, regulating the investment
and insuarnce policy of the company;
3.1.1.
3.2.
to formulate management strategies of the
performance and insurance risks;
3.2.1
1.3.
1.4.
2.1.
2.2.
2.3.
2.4.
2.1.1.
2.4.1
Skills
elaboration of the optimal investment policy in the
business sector
Optimization strategies of the formation and use
the benefits of the companies.
3.3.
to assess the impact of financial and
insuarnce factors on the company activity;
3.3.1
diagnostics of
difficulty;
firms that are in economic
3.4.
to analyze the methods of estimation the
efficiency and to propose solutions to
maximize the market value and risk
minimization within Insuarnce Relations;
3.4.1
Optimizing of the investment resources;
The subject "International Insurance" is a basic course with the task of deepening the
elements and processes of economic fundamentals to ensure individuals and entities on the
peculiarities of insurance. This course is given after students' studying economic theories and
doctrines, microeconomics, macroeconomics , public Finance, Fundamentals of the accounting,
financial Accounting and management.
The course "International Insurance" is a compulsory subject of specialization.
The goal and objectives of the course:
As a result of studying of this course, future specialists must have knowledge in insurance
field.
The established objectives can be achieved through the following tasks:
- Recognition of the importance of insurance for individuals or entities;
- Knowledge of the methods and principles of insurance;
- Development of practical skills which are necessary for the insurance contract, the
charging principles for granting insurance compensation, the knowledge in insurance domain.
Epistemological skills:
After studying of this course, the students will have to:
- Identify the main features of insurance;
- Know the technical elements of insurance and their classification;
- To list the indicators that are stipulated in the insurance contract;
- Determine compensation insurance under existing insurance principles;
- Explain the peculiarities of legal issues in insurance regulation.
Research skills:
Having accumulated theoretical and practical knowledge students must:
- To estimate the level (satisfactory or unsatisfactory) of risk production in insurance field;
- Be able to select the main positive and negative moments encountered in the award of
damages or amounts of insurance;
- Be able to propose suggestions for the elimination of the shortcomings identified and to
improve the situation;
- Be able to coordinate with the leadership by recommending his proposals and suggestions
related to improving the financial situation of insurance companies.
Obligatory literature:
1. Law on financial institutions. Nr.550-XIII din 21.07.1995. In:Monitorul Oficial al
Republicii Moldova, 01.01.1995, nr. 56-57 (cu modificări şi completări ulterioare).
2. Law on the National Bank of Moldova. Nr. 548-XIII din 21.07.95. In: Monitorul Oficial
al Republicii Moldova, 12.10.1995, nr.56-57/624.
3. Law on insurance. Nr. 407-XVI din 21.12.2006 .In:Monitorul Oficial al Republicii
Moldova, nr.47-49/213 din 06.04.2007.
4. Tax Code of the Republic of Moldova nr. 1163-XIII din 24.04.1997. In:Monitorul
Oficial al Republicii Moldova, nr.62/522 din 18.09.1997
5. National Bank of Moldova. Annual statistical reports on foreign trade of the Republic of
Moldova for 2010-2013 years.
6. Mark S. Dorfman; David Cather. Introducion to Risk management and Insurce.
University of North Carolina at Charlotte: International Edition, 2012. 504 p.
Supplementary literature:
7. J.David Cumins. International Insurce. New York: Springer Science, 2012, 951 p.
8. Fotescu Stanislav. Asigurări și reasigurări. Chişinău, 2006.
Websites:
9. http://www.bnm.md
10. http://www.fisc.md
11. http://www.cnas.md
12. http://www.cnam.md
13. http://www.asito.md
14. http://www.grawe.md
15. http://www.businessportal.md
16. http://www.cnpf.md
17. http://www.infomarket.md
18. http://www.statistica.md
Teaching and learning methods: lectures, discussions, group exercises, role plays, practical
exercises.
Estimation problem
№
1
2
3
4
5
6
Type of task
Working in a team
Evaluation and practical tasks
Presentation of individual work
The final exam
The attendance of lectures
Personal contribution and activity in the classroom
Total
Share (%) of the final grade
10
10
20
25
5
30
100
Structura unităţii de curs
The
distribution
of hours
L/S/W
2/2/10
Contents
1. The economic essence, role
and functions of the insurance in
the market economy.
2/2/5
2. The essence and concept of
International insurance.
Obligatory
literature
Supple
mentar
y
literatu
re
[5; 6]
[7;8;]
[1; 2; 3; 5; 6]
[7;8;]
Group Tasks
Individua
l Tasks
argumentation
the importance of
the subject –
International
individua
Insuarnce
l case
Updates of the study
respective
information
2/2/7
3. Technical elements
insurance classification.
and [1; 2; 3; 4, 6]
6/6/14
[9;10]
case studies:
tests, tasks.
[1; 2; 3; 4, 6;]
[7;
10]
8; case studies:
tests, tasks.
[1; 2; 3; 6]
[7;8]
Updates of the
respective
information
[1; 2; 3; 4, 6;]]
[8;10]
case studies:
tests, tasks.
[1; 2; 3; 4, 6;]]
[7;8;9]
Updates of the
respective
information
[1; 2; 3; 5, 6;]]
[9; 10]
case study:
4. Insurance contract.
4/4/10
5. Basic Principles of general
insurance.
2/2/10
6. Personal Insurance
4/4/10
7. Liability insurance.
4/4/12
2/2/5
2/2/7
8.
Insurnce
transportation.
Ensuring
the
entrepreneurship.
of
risks
land
Individual practical
task.
[ 2; 6]
[7;8;]
case studies:
tests, tasks.
[1; 2; 3; 4; 5; 6]
[7;8;]
Updates of the
respective
information
in
Indirect insurance (reinsurance).
30/30/90
Total
Autor: PhD., senior lecturer, Igor Balan
lecturer, Master in Economics, Cazac Ilie