Analysis of Insurance

The course is intended for students of master studies who have little or no knowledge about insurance, although it may serve as a good basis for students who intend to specialize in this field. For some it is preparation to engage in this business in the future and for others a way to expand the previously acquired knowledge.

Training of staff for faster and more successful resolution of difficulties associated with the function of the pension and health systems - problems of today in the Republic of Srpska and Bosnia and Herzegovina. With acquired knowledge the graduate students of master studies will more confidently, based on new knowledge, boldly start with redefining the existing concept of our pension system, primarily testing the model of voluntary pension insurance, which in developed countries was proved to be very interesting and successful. In this sense, their contribution is expected in improving our health care system, which is now facing big problems. Finally, it is understood that they will successfully transfer knowledge through the teaching process to the younger generations in the form of various types of educational performance.

Definition and systems of financing pension insurance; Division of pension insurance according to obligingness, way of achieving retirement, subject of insurance payment, founder, system of financing and according to the tax treatment; Actuarial basis of individual and group pension insurance; Theoretical basis of actuarial calculations; Actuarial surplus and deficit; Pension funds and pension plans; Types of pension plans; Company for managing pension funds; Types and characteristics of voluntary pension funds; Importance of investments in voluntary pension funds; Pension funds and capital markets; Voluntary pension funds in the world; Rate of return and success of functioning; Structure of pension fund investments; Defining the health insurance system; Mandatory and voluntary health insurance; Organization of health insurance; Financing of health insurance; Characteristics of health insurance in developed countries and countries in transition; Problems of health insurance and possible solutions.

Lectures and exercises within the planned number of classes.

Written and positively evaluated pre-exam paper. Oral assessment of knowledge.Colloquium I (0-20 points); Colloquium II (0-20 points); Final exam (0-50 points); Attendance (2point); Class activities (seminar papers, discussions, case studies) (0-8 points)

Rakonjac-Antić T. (2008). Pension and health insurance. Belgrade. Faculty of Economics.