FINC345-25S2 (C) Semester Two 2025

The Economics of Risk and Insurance

15 points

Details:
Start Date: Monday, 14 July 2025
End Date: Sunday, 9 November 2025
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 27 July 2025
  • Without academic penalty (including no fee refund): Sunday, 28 September 2025

Description

This course analyses the nature and problem of risk and uncertainty and consumers' preferences regarding risk and risk taking. It examines the basic principles of risk and insurance, and the description of the characteristics of main types of insurance (both life and general). The course includes an introduction to the structure and operation of insurance markets (both local and international), and the function of insurance firms within the financial system. It covers the general principles of insurance underwriting and pricing, claims management and claims reserving process within the regulatory regime of the insurance industry.

Prerequisites

Equivalent Courses

Recommended Preparation

Timetable 2025

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Friday 12:00 - 13:00 E7 Lecture Theatre
14 Jul - 24 Aug
8 Sep - 19 Oct
Lecture B
Activity Day Time Location Weeks
01 Wednesday 10:00 - 11:00 Rata 222 & 223 Drawing Office
14 Jul - 24 Aug
8 Sep - 19 Oct
Tutorial A
Activity Day Time Location Weeks
01 Monday 12:00 - 13:00 Rehua 009
14 Jul - 24 Aug
8 Sep - 19 Oct

Course Coordinator

Richard Watt

Indicative Fees

Domestic fee $946.00

International fee $4,363.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

Minimum enrolments

This course will not be offered if fewer than 10 people apply to enrol.

For further information see Department of Economics and Finance .

All FINC345 Occurrences

  • FINC345-25S2 (C) Semester Two 2025