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Major Courses

 

Principles of Insurance

Prerequisites: Economics, Finance
Contents: As a basic subject of insurance major, principles of insurance mainly introduces the fundamental insurance theories and concepts. During the course of teaching, we’ll introduce the present new research and study domestic and foreign insurance laws and regulations to analyze some practical problems. The main contents of this subject include: the principles of risk; basic concepts of insurance; the history of insurance development; the types of insurance and some new developing products in domestic market; basic principles of insurance; insurance contract; insurance rate and reserve; insurance market; development and prospect of domestic and foreign insurance market; reinsurance; insurance operation and management; insurance supervision, etc.
 
Property Insurance
Prerequisites: Principles of Insurance
Contents: This course is a basic course to introduce property insurance business. It is based on the principles of property insurance and the operation or the development of property insurance market, mainly introducing some popular types of property insurance, such as fire insurance, family property insurance, vehicle insurance, boate insurance, airplane insurance, I ability insurance etc. In order to meet the needs of the fast development of the modern commercial economy, some new businesses are also recommended in this course, for example, profit loss insurance and credit insurance. In a word, the goal of this course is to help students to improve their practical abilities under the teaching method of emphasizing both theory and practice.
 
Life Insurance
Prerequisites: Principles of Insurance
Contents: On basis of known the basic principle rules and methods of insurance, this profession course introduces life insurance, Health insurance and accident insurance. Contacted with the development situation of the international life insurance market ,the course introduces some new life insurance products, such as unit-linked life insurance, universal life insurance etc.; combined with the reform of social medical insurance, it introduces the target way and modal of the commercial medical insurance of our country. At the same time, the course analyses the standard clauses of life insurance policy, the methods of risk selection and claiming settlement, the company management system and structure, the government regulatory rules and contentions of life insurance company.
 
Interest Theory (Bilingual)
Prerequisites:Advanced Mathematics,Linear Algebra,Probability and Statistics
Contents: Study and master the calculation about interest measurement, basic annuity, common annuity. Master the calculation about the yield and loans balance. Understand the calculation about the bond price, premium and discount. Understand inform compensate bond, amortisation bond and their extend. Understand the application of non-contribution mortgage. Understand asset valuation model and option valuation model. Master the knowledge of interest theory, for life insurance actuarial and non-life insurance actuarial science.
 
Life Insurance Actuarial
Prerequisites: Principles of insurance,Interest Theory
Contents: The course is the major of insurance. Students are required to have a good command of the actuarial knowledge of life table and interest theory, master the biometric function, command how to calculate the single premium, fractional premiums and gross premium, command how to calculate annuity actuarial present value, understand the theory of the life insurance company and the methods of remain the actual reserve, understand how to calculate policy value, asset share, and dividend, know the knowledge of group life insurance and actuarial pension plan, master the method of simple life insurance product pricing, understand actuarial science take effect on life insurance management and invest decision-making.
 
Non-life Insurance Actuarial
Prerequisites: Principles of insurance,Advanced Mathematics, Linear Algebra, Probability and Statistics, Statistics
Contents: The course is the major of insurance. It introduces non-life insurance actuarial rating, reserve and reinsurance retention. Students are required to master how to estimate claim frequency rate and claim amount, estimate premium, understand the deductions have an effect on premium, master the application of bayes expressions and credibility theory to experience rating, master no claim discount system frame and efficiency, understand national property insurance company reserve system and evaluate standard, master the methods about drawing outstanding claims reserve, understand modify IBNR, master reinsurance retention and optimal reinsurance
 
Risk Management
Prerequisites: Principles of insurance, Advanced Mathematics, Linear Algebra, Probability and Statistics, Statistics
Contents: The course is the major of insurance. It is a management science about researching the risk rule and risk control. It is based on reviewing, forecasting, collecting, analyzing the risk uncertainty and possibility, establishing an systematic and scientific management. It in detail introduces risk identification, risk evaluation, accuracy of predictions, risk management, management evaluation and the methods of risk management. It also aims at the corporation risk, discussing the point and content of corporation risk manage decision. Introduce loss expectation theory, avail theory apply to risk management.
 
Social Security Studies
Prerequisites: Principles of insurance
Contents: Students are required to study master the origin, nature and effect of social security, knowing the type of social security system in different country, mastering the reason and means of the social security system’s reformation and know its moving pattern. This course aims at the social security system’s the reformation of China.By introducing its history, actuality and the reformation’s principal, goal and direction. Students are to master the investment principle、direction and management mode of the social security fund, knowing theinsufficiency of China social security fund’s investment management.
 
Social Insurance
Prerequisites: Social Security Studies
Contents: Students are required to study and master the function and contention of social insurance, the historical development and the working system in this area. Master the management of the social insurance fund investment,know the working system about the pension, medicare, unemployment and industrial accident insurance,know the reforms happened in these areas in our country。