Insurance Management

Mastering the essence and function of insurance in order to successfully manage risks, either in the role of a manager in an insurance company or as a proposer of legal norms on behalf of the government institutions, i.e. quality oversight of the regulatory body.

Training of personnel from industry, government institutions and supervisory agencies, particularly those dealing with insurance as a form of economic protection, mastering the complex and specific segments of the insurance for independent organizing, managing, controlling and equal participation of our insurance industry in the international insurance and reinsurance market.

Market characteristics of the insurance industry; Risk management at the level of the insurance company and the community; Modern aspects of management in insurance; Distribution of insurance products; Funds of the insurance company; Life insurance and funds of mathematical reserves; Annuity insurance; Pension insurance; Health insurance; Loan insurance; International conventions and recommendations of the European Union in the field of insurance.

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)

Šipka, D.; Marović, B. (2003). Insurance Economics. Banja Luka: Faculty of Economics, University of Banja Luka; Avdalović, V. (2008). Insurance Management. Podgorica: Faculty of Business Management; Marović, B.; Žarković, N. (2002). Insurance Lexicon. Novi Sad: DDOR Novi Sad.