Acquiring theoretical and institutional knowledge in the field of insurance and the role and importance of insurance on the national economy, along with getting acquainted with various aspects of insurance and the organization of insurance in the Republic of Croatia.
The emergence, functions and development of insurance/reinsurance. Economic aspects of insurance/reinsurance (the role of insurance/reinsurance in the national economy, state regulation of insurance/reinsurance, tax policy in insurance/reinsurance) Economic principles of insurance/reinsurance. Types of insurance. Basic characteristics of the most important types of insurance. Participants in insurance/reinsurance. Distribution of insurance/reinsurance (domestic, foreign market). Legal framework of insurance/reinsurance. Essential elements of an insurance/reinsurance contract. Management of risks, premiums and insurance/reinsurance funds. Damage liquidation. Insurance/reinsurance companies and other financial institutions Organization of insurance/reinsurance in the Republic of Croatia, Licensing, Education and Supervision of insurance/reinsurance companies. Consumer protection in insurance.
1. Define and describe the importance and role of insurance in the economy
2. Identify the classification criteria and describe individual types of insurance
3. Analyze the contents of the insurance participants' jobs
4. Evaluate the role and importance of individual insurance companies
5. Critically assess trends in the insurance industry
