This course is designed to provide a basic understanding and recent developments of life and property insurance. It covers basic concepts in risk management and insurance and provides an overview over the private insurance industry. Then, the focus turns to life and health risks as well as personal property and liability risks. Finally, the course analyzes commercial property and liability risks. A preliminary list of topics covered is as follows:
The lecture is accompanied by student presentations and individual term papers of recent research contributions in the field of life and property insurance, that make up the student’s grade with a weight of fifty percent each. The presentations will take place in the second half of the lectures. The term papers are due at the end of the lectures. There will not be a final exam.