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Economics of Insurance I
Versicherungsökonomik I
Last Updated: 2026-02-05 15:23:57
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
- BSC , DR , MSC
- Frequency
- Yearly recurring
Examination
- Type
- session examination
- Mode
- oral 20 minutes
Course Components
| Type | Title | Time & Place | Hours |
|---|---|---|---|
| lecture | Versicherungsökonomik I (früher BWL der Versicherung I) |
|
2 h weekly |
Offered In
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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 the Master degree in Applied Mathematics)
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