Professur für Finanzwirtschaft









RISK MANAGEMENT AND SOLVENCY



M.WIWI-BWL.0020




Dozierende:

Prof. Dr. Martin Balleer










Prüfung:

Klausur: 120 Min. (6 CP)




Empfohlene Vorkenntnisse:

Sustainable Finance





Prüfungsanforderungen:


  • Document a knowledge and understanding of the functions and instruments of risk management and of the valuation of risk potentials,

  • demonstrate a knowledge and understanding of quantitative and qualitative requirements of the solvency regime,

  • demonstrate a knowledge and understanding of market consistent valuation within solvency, HGB,IFRS,

  • demonstrate the ability for simple calculations with regard to risk management and solvency.






Qualifikationsziele/Kompetenzen:


  • Knowledge and understanding of the functions and elements of a risk management system, of the risk potentials and its valuation of an insurance company,

  • knowledge of the legal requirements regarding risk management and solvency, especially Solvency II,

  • knowledge of the relevant techniques used in risk management of an insurance company (stress tests, ALM, Embedded Value, actuarial analysis, Value Based Management),

  • understanding of the relevant methods used in the balance sheet of an insurance company (HGB, IFRS, solvency balance sheet),

  • ability to develop simple task settings independently with regard to risk management and solvency.






Inhalte der Vorlesung:


  • Role and components of a risk management system

  • Legal requirements: MaRisk, stress tests, actuarial reporting, market consistent valuation (IFRS)

  • Solvency requirements (Solvency I, Solvency II)

  • Value Based Management, Embedded Value, Asset Liability Management (ALM)