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 The exam can be taken at one of three dates during the semester. Dates and details can be found here: http://www.fam.tuwien.ac.at/lehre/pr/index.php

Lecture notes for this course are available. das PDF kann heruntergeladen werden wenn die LVA abonniert ist - Braumüller/St. Korinek, Versicherungsaufsichtsrecht (Lecture notes, german - ONLINE) - St. Korinek, Versicherungsaufsichtsrecht, in Holoubek/Potacs, Handbuch des öffentlichen Wirtschaftsrechts2, 2007 Further literature (in german): - Baran, VAG3, 2000 - Braumüller, Versicherungsaufsichtsrecht, 1999 - Korinek, Rechtsaufsicht über Versicherungsunternehmen, 2000