FAK 2629 Norwegian and International Insurance

FAK 2629 Norwegian and International Insurance

Course code: 
FAK 2629
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Ørnulf Daler
Product category: 
Executive
Portfolio: 
Course in Insurance
Semester: 
2018 Autumn
Active status: 
Re-sit exam
Resit exam semesters: 
2018 Autumn
Teaching language: 
Norwegian/English
Course type: 
One semester
Introduction

The course is primarily meant for employees who have worked within the insurance industry for some years and are in the need to know the industry’s position in the society and its relations to foreign countries and markets. The course is a part of the Insurance Programme of Bachelor of Management

Learning outcomes - Knowledge

The students shall obtain an overview of the Norwegian Insurance Industry’s position and importance, historically, politically and economically in the Norwegian society. Further the students shall obtain insight into international insurance through the attention to central elements of the International Insurance Markets, especially the London Market, and the Norwegian Insurance Industry’s position and interaction with this particular market.

Learning outcomes - Skills

The students shall be able to explain the Norwegian Insurance Industry’s position and importance, historically, politically and economically as a part of the Norwegian society and relate this to their daily work. Further, the students shall be able to explain the main features of the London Market and its relation and interaction with the Norwegian insurance market

Learning outcomes - Reflection

The students shall achieve an understanding of and develop a conscious attitude that the industry is a part of and is influential to the society, both nationally and internationally, and use this consciousness in their work.

Course content
  •  Public supervision with the Insurance Industry
  •  Recent history of the Insurance Industry
  •  Important industrial policy challenges
  •  The Insurance Industry’s standing
  •  Insurance in EU and EEA – development, relations to countries outside EU, Norway in particular
  •  The International Insurance Market – the superstructure, central problems

The London Market – Legislation, public supervision, Lloyd’s, Insurance Brooking, foreign owned companies

Learning process and requirements to student

Part-time organized as E-Learning based on self tuition.
Intensive two + four days seminars are organized. Second seminar takes place in London. Participation is mandatory.

Software tools
No specified computer-based tools are required.
Qualifications

Higher Education Entrance Qualification

Required prerequisite knowledge

There are no formal prerequisites, but the applicant should have knowledge equivalent to the courses “Introduction to Insurance”, and English language skills equivalent skills to benefit from English spoken lectures.

Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
FAK 26291
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
100No1 Semester(s)Group/Individual (1 - 3)Project paper, individual or in groups of up to three students.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:No
Grouping (size):Group/Individual (1-3)
Duration:1 Semester(s)
Comment:Project paper, individual or in groups of up to three students.
Exam code:FAK 26291
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam organisation: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching35Hour(s)
Prepare for teaching10Hour(s)
Self study100Hour(s)
Group work / Assignments5Hour(s)
Examination50Hour(s)
Expected student effort:
Workload activity:Teaching
Duration:35 Hour(s)
Comment:
Workload activity:Prepare for teaching
Duration:10 Hour(s)
Comment:
Workload activity:Self study
Duration:100 Hour(s)
Comment:
Workload activity:Group work / Assignments
Duration:5 Hour(s)
Comment:
Workload activity:Examination
Duration:50 Hour(s)
Comment:
Sum workload: 
200

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.