FAK 2628 Insurance Law and Law of Torts

FAK 2628 Insurance Law and Law of Torts

Course code: 
FAK 2628
Law and Governance
Course coordinator: 
Harald Benestad Anderssen
Course name in Norwegian: 
Forsikrings- og erstatningsrett
Product category: 
Course in Insurance
2023 Spring
Active status: 
Level of study: 
Teaching language: 
Course type: 
One semester

The course is primarily aimed at employees in the insurance industry with law as a part of their work.

Learning outcomes - Knowledge

The students shall get a thorough introduction to insurance law and law of damages.

Learning outcomes - Skills

The students shall be able to use law of damages and insurance law for practical tasks, concerning advising as well as claims handling and settlements.

General Competence

During the course, the students should have acquired a conscious attitude to the fact that their professional choices and advices first and foremost are of importance for other people than themselves.

Course content

Law of damages

  • Contractual and Non-contractual compensation
  • The position of the Law of damages
  • Causality
  • The size of compensation

Insurance Law

  • The Insurance contract etc.
  • The parties’ obligations at the contract agreement
  • The assumptions for the Insurance companies’ liabilities
  • Identification
  • The Insurance Company’s liability for salvage expenses
  • Third party as a part of the insurance contract
  • The extent of the insurance contract
  • The settlement
  • The main aspects of the public regulation of insurance companies
Teaching and learning activities

Part-time organized as E-Learning based on self-tuition and 4 send-ins (not mandatory).
Intensive 1 + 3 days seminars are organized. Participation mandatory.


In all BI Executive courses and programs, there is a mutual requirement for the student and the course responsible regarding the involvement of the student's experience in the planning and implementation of courses, modules and programmes. This means that the student has the right and duty to get involved with their own knowledge and practice relevance, through the active sharing of their relevant experience and knowledge.

Software tools
No specified computer-based tools are required.

Higher Education Entrance Qualification

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

The student needs basic knowledge of the Norwegian Insurance Industry and central statutory provisions concerning the Industry.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Form of assessment:
Written submission
Exam code:
FAK 26286
Grading scale:
Grading rules:
Internal and external examiner
Examination when next scheduled course
100Yes4 Hour(s)
  • BI-approved exam calculator
  • Simple calculator
  • Laws and regulations, including offprints of laws and law drafts
Individual Four hours individual written examination.
Exam category:Submission
Form of assessment:Written submission
Grouping (size):Individual
Support materials:
  • BI-approved exam calculator
  • Simple calculator
  • Laws and regulations, including offprints of laws and law drafts
Duration:4 Hour(s)
Comment:Four hours individual written examination.
Exam code:FAK 26286
Grading scale:ECTS
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
Student workload
28 Hour(s)
Participation on the 4 seminar days
16 Hour(s)
4 assignments
Student's own work with learning resources
120 Hour(s)
Reading of curriculum, activities on its learning
Student's own work with learning resources
32 Hour(s)
Preparation for exam
4 Hour(s)
Sum workload: 

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.