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Economics of Insurance I
BWL der Versicherung I
Last Updated: 2026-02-05 15:13:58
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.
Objective
The learning goal is understanding of the basic economic concepts of insurance.
Content
The content of part I is: - The insurance product (basic concepts; the basic actuarial model; characteristics of the various insurance forms and lines) - The insurance market (history; legal basic conditions; the three-pillar-system of Switzerland) - The insurance company (risk transfer; risk transformation and pooling; characteristics of the saving component; price politics)
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
Course Components
| Type | Title | Time & Place | Hours |
|---|---|---|---|
| lecture | BWL der Versicherung I |
|
2 h weekly |
Offered In
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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.)
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Major in Insurance Mathematics (Further pieces of information are available at Prof. P. Embrechts's secretariat, HG F42.)
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Application Area (only necessary for MSc in Applied Mathematics)
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