The lecture is the first part of introduction into the economic basics of the insurance business and is to provide understanding for the specific aspects of this business.
Concept of insurance, Forms of insurance, Supervision, Organisation of insurance companies, Sales structure, Risk measurement, Pricing of insurance products, Claims handling, Investments.
Written exam Application for the exam: via TISS (see information in the 'exam' section below).
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Lecture notes for this course are available. Es kann unter http://www.fam.tuwien.ac.at/lehre/data/vbl/ als PDF heruntergeladen werden. Additionally hardcopies of the slides of the lecturer will be provided at the lecture.