Insurance in international commerce
Course: International Economic Relations (with compulsory study of two foreign languages)
Structural unit: Educational and scientific institute of international relations
Title
Insurance in international commerce
Code
ВК 2.6
Module type
Вибіркова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2023/2024
Semester/trimester when the component is delivered
7 Semester
Number of ECTS credits allocated
4
Learning outcomes
To know: concepts, principles, means and tools for the implementation of international monetary, financial and credit relations in their projection on insurance practice ; categorical apparatus of insurance (risk, insurance risk, risk financing, insurance premium, insurance indemnity, etc.); main features of insurance as a scenario of risk management with risk financing from the insurance fund; functional structure of the insurance market; trends in the development of insurance markets of leading economies and the insurance market of Ukraine, the specifics of state supervision and regulation of insurance activities in Ukraine and leading economies. To be able: to determine the risk profile of a corporation and understand the content of the insurance contract and its structural parts, to be able to analyze the insurer's portfolio from the standpoint of the need for international reinsurance; to assess the needs for export credit insurance and guarantees in Export Credit Agencies.
Form of study
Distance form
Prerequisites and co-requisites
1. Knowledge of essentials of economic theory and international economic relations;
2. Knowledge of corporate practices of risk management;
2. Understanding of export-import contract practices in international transactions and unified requirements for settlement conditions under international contracts;
4. Professional economic terminology in English.
Course content
Content module 1. "Financial and economic essence of insurance"
1. Introduction to the course "Insurance in international commerce ". The economic essence of insurance.
2. Insurance market, its structure and participants. State regulation of insurance activities in Ukraine
3. Financial and economic content of an insurance contract
Modular test 1
Content module 2. "Specifics of insurance in international commerce "
4. Cargo insurance in the implementation of export-import operations
5. Insurance of political risks and country risks in international commerce.
6. Insurance of export credits and trade finance
7. Reinsurance
Modular test 2
Recommended or required reading and other learning resources/tools
1.Расшивалов Д.П. Ризик менеджмент у міжнародному бізнесі. Навчальний посібник. Київ: ВАДЕКС, 2018. , с 220 с. , розділ 2 .
2.Страхування :підручник / [Базилевич В. Д., Базилевич К. С., Пікус Р. В. та ін. ] за ред. В. Д. Базилевича. – К. : Знання, 2008. – 1019 с.
3.Расшивалов Д.П.Новітні інтеграційні процеси на світовому страховому ринку. Розвиток новітніх форм міжнародної економічно їінтеграціїна початку 21 століття: монографія (О.І. Шнирков, Київ: ВПЦ «Київськийуніверситет», 2017. 360 с.
4.Расшивалов Д.П. Глобальне ризикове довкілля та світовий страховий ринок. Ювілейна монографія кафедри Міжнародногобізнесу: монографія Актуальні проблеми міжнародних відносин: Спеціальнийвипуск: «Міжнародний бізнес. 25-річчю заснування кафедри міжнародногобізнесу. Київ: ВАДЕКС, 2016. 320 с.
5.The Global Risks Report 2021WEF Davos 2021[Електрон.ресурс] — Режимдоступу:https://www.weforum.org/reports/the-global-risks-report-2021
Planned learning activities and teaching methods
Lectures, seminars
Assessment methods and criteria
The result of the semester test is evaluated in points (maximum number - 100 points) and is determined by the accumulative system.
Current control: verbal answers (up to 5 points), comments (up to 3 points), written task (up to 12 points).
Language of instruction
Ukrainian
Lecturers
This discipline is taught by the following teachers
Departments
The following departments are involved in teaching the above discipline