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401-4892-00L 3 Credits DS , MSC D-MATH
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Economics of Insurance II

BWL der Versicherung II

Lecturers & Examiners: Dr. Ruprecht Witzel
VVZ CR n/a

Last Updated: 2026-02-05 15:18:40

Abstract

This lecture of two semesters provides an introduction to the basic economic concepts of insurance. The learning goal is understanding of the basic economic concepts of insurance.

Content

The content of part II is: - Choice under uncertainty (expected utility; risk aversion) - Demand for insurance (formal analysis; examples) - Special topics (criticism of the expected utility; moral hazard; adverse selection; risk management) - Reinsurance (basic concepts; proportional and non-proportional reinsurance; retrocession; alternative risk transfer)

Resources

Lecture Notes

Lecture notes are available underwww.aktuariat-witzel.ch

General Information

Language
German
Levels
DS , MSC
Frequency
Yearly recurring

Examination

Type
end-of-semester examination
schriftliche Prüfung 90 Minuten

Course Components

Type Title Time & Place Hours
lecture BWL der Versicherung II
  • Wed 14:15-16:00 (HG E 5)
2 h weekly

Offered In

  • Mathematics, Computational Science and Engineering (Mathematics, Physics Those who want to register for elective courses in the diploma degree programme im Mathematics, should select these from the range of courses of the Master programme in Mathematics. Those who want to register for core subject and elective courses in the diploma degree programme in Physics, should select these from the range of courses of the Master programme in Physics (Core Courses: Theoretical Physics, Core Courses: Experimental Physics, Electives: Physics and Mathematics). The same holds for seminars and semester projects and papers.)
  • Mathematics Master