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MPS703 - Reinsurance

Unit details

Year2016 unit information
Enrolment modes:Trimester 1: Cloud (online)
Credit point(s):1
Previously coded as:MAS703
EFTSL value:0.125
Unit chair:

M Cohen

Prerequisite:

Nil

Corequisite:

MPS701

Incompatible with: Nil
Contact hours:

Learning resources are via CloudDeakin

Content

This unit introduces students to reinsurance and shows its application to insurance policies in the area of general insurance. From the grounding provided through this unit, the student should develop a clear understanding of the need for and purposes of reinsurance. Students should also have a working knowledge of the different forms and types of reinsurance contracts, a grasp of the terminology and the statutory requirements relative to reinsurance, the legal aspects of reinsurance dealings and an understanding of the reinsurance market and the pricing of reinsurance.

Assessment

Assignment 3000 words 40%, Examination 2 hours 60%, Hurdle requirement: achieve at least 50% of the marks available on the examination.

Unit Fee Information

All Commonwealth Supported Place (CSP), fee paying undergraduate and pre-2016 commencing students

Unit fee information available soon


2016 commencing International and full fee paying postgraduate domestic students

Your units are priced based on the course you are enrolled in. Please refer to the current year's course entry to estimate the unit cost.


You can calculate the cost of each unit by using the following calculation:


Course fee x unit EFTSL value = unit price

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