The course provides knowledge about the system and the main contents of the Austrian insurance supervision law and gives an overview of international standards on insurance supervision and relevant EU Directives.

International supervision standards, EU internal insurance market, principles of supervision law, definition of insurance business activities, licensing, cross-border business activities, reinsurance, portfolio transfers, outsourcing, special provisions for life and health insurance, mutual insurance association, calculation and coverage of technical provisions, investments, solvency requirements, overview of insurance accounting, insurance group supervision, supervisory measures, organisation and funding of insurance supervision

written exam Registration via e-mail to the department's secretary (secr@fam.tuwien.ac.at)

Lecture notes for this course are available. - Braumüller/St. Korinek, Versicherungsaufsichtsrecht (Skriptum zur Lehrveranstaltung) - St. Korinek, Versicherungsaufsichtsrecht, in Holoubek/Potacs, Handbuch des öffentlichen Wirtschaftsrechts2, 2007 Weiterführende Literatur: - Baran, VAG3, 2000 - Braumüller, Versicherungsaufsichtsrecht, 1999 - Korinek, Rechtsaufsicht über Versicherungsunternehmen, 2000