Insurance in international business

Course: International business (compulsory study of two foreign languages)

Structural unit: Educational and scientific institute of international relations

Title
Insurance in international business
Code
ВБ 4.08.01
Module type
Вибіркова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2021/2022
Semester/trimester when the component is delivered
7 Semester
Number of ECTS credits allocated
3
Learning outcomes
Know: categorical-conceptual 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. Be able to: determine the risk profile of the corporation and understand the content of the insurance contract and its structural parts, be able to analyze the insurer's portfolio from the standpoint of the need for international reinsurance; 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 in cross-border business processes; 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 Business". 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 the insurance contract Modular test work Content module 2. "Specifics of insurance in international business" 4. Cargo insurance in the implementation of export-import operations 5. Insurance of political risks and country risks 6. Insurance of export credits and investments 7. Reinsurance Modular test work 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 економічної інтеграції на початку 21 століття: монографія (О.І. Шнирков, Київ: ВПЦ «Київський університет», 2017. 360 с. 4.Расшивалов Д.П. Глобальне ризикове довкілля та світовий страховий ринок. Ювілейна монографія кафедри Міжнародного бізнесу: монографія (ПІБ, ПІБ, ПІБ, ПІБ та ін.). Актуальні проблеми міжнародних відносин: Спеціальний випуск: «Міжнародний бізнес. 25-річчю заснування кафедри міжнародного бізнесу. Київ: ВАДЕКС, 2016. 320 с. 5.The Global Risks Report 2021 WEF Davos 2021 [Електрон. ресурс] — Режим доступу: 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), additions (up to 3 points), written task (up to 12 points)
Language of instruction
Ukrainian

Lecturers

This discipline is taught by the following teachers

Chair of International Business
Educational and scientific institute of international relations

Departments

The following departments are involved in teaching the above discipline

Chair of International Business
Educational and scientific institute of international relations