Insurance Law

Study

Cycle

Year

Semester

Type

ECTS

Građansko pravo (2. ciklus studija)

optional

5.00

Subject

Teachers

Associates

Content

Week 1: Introduction to Insurance Law
 Week 2: Legal Sources of Insurance Law 
Week 3: Conditions and Methods of Conducting Insurance Business in Bosnia and Herzegovina 
Week 4: Mediation and Representation in Insurance
 Week 5: Operations of Insurance Companies 
Week 6: Definitions and Parties to Insurance Contracts 
Week 7: Conclusion of Insurance Contracts; Transfer of Insurance Contracts; Insurance Policies 
Week 8: Elements of Insurance Relationships 
Week 9: Insurance Payout and Subrogation; Full Insurance, Overinsurance, Underinsurance, Partial Insurance 
Week 10: Definition and Types of Reinsurance; Relations between Parties in Reinsurance 
Week 11: Definition and the Principle of Voluntariness in Insurance; Life Insurance and Accident Insurance 
Week 12: Definition and Cases of Mandatory Insurance in Domestic Legislation; Passenger Insurance in Public Transport against Accidents 
Week 13: Liability Insurance for Motor Vehicle Owners or Users for Damages to Third Parties; Liability Insurance for Aircraft Owners or Users for Damages to Third Parties 
Week 14: Establishment and Operation of Insurance and Reinsurance Companies in the EU 
Week 15: Types of Insurance in the EU - Life Insurance and Motor Vehicle Insurance

Goal

The aim of the course is to deepen students' knowledge in the field of insurance law, specifically regarding the establishment and operation of insurance and reinsurance companies, as well as the formation and essential elements of insurance contracts. Additionally, within the course, students will be introduced to the foundations of insurance law in the European Union, including the establishment and operation of insurance companies in the EU, as well as the basic guidelines for fundamental and common types of insurance within the internal market.

Teaching methods

1. Lectures – 30%
2.Debares/Discussions – 30%
3. Instructional Teaching – 30%
4. Seminar Paper – 10%

Knowledge testing methods

1.	Written Exam – 20%
2.	Oral Exam – 50%
3.	Debates/Discussions – 20%
4.	Seminar Paper – 10%

Competences

1.	The ability to independently and critically analyze literature, legislation, and practices in the field of insurance law.
2.	Understanding the insurance system in the European Union.
3.	The ability to independently draft insurance contracts in practice.
4.	Understanding the process of harmonizing domestic and EU law in the context of insurance companies and basic forms of insurance.
5.	The ability to conduct independent research and practical work in the field of insurance law.

Literature

1.	Bikić Abedin, Naknada štete, Pravni fakulteta Univerziteta u Sarajevu, 2010.
2.	Miloš Trifković, Milić Simić, Veljko Trivun, Poslovno pravo: ugovori, vrijednosni papiri i pravo konkurencije, Ekonomski fakultet Univerziteta u Sarajevu, 2004.
3.	Šefkija Čović, Poslovno pravo – statusno poslovno pravo, Pravni fakultet u Sarajevu, 2003.
5.	Zakon o agenciji za osiguranje u Bosni i Hercegovini, Sl. glasnik BiH, br.12/04.
6.	Zakon o društvima za osiguranje u privatnom osiguranju (Sl. Novine FBiH, 24/05)
7.	Zakon o obligacionim odnosima (Sl. novine FBiH, br. 2/95, 6/98 i 41/98, Sl.glasnik RS, br. 17/93 do 74/04)
8.	Zakon o osiguranju imovine i lica (Sl. novine FBiH 02/95, 6/98 i 41/98, Sl. glasnik RS, br.14/00 i 20/00)
9.	Zakon o osiguranju od odgovornosti za motorna vozila i ostale odredbe o obveznom osiguranju od odgovornosti (Sl.novine FBiH, 24/05, i Sl. glasnik RS, br. 1705, 64/06 i 12/09)
10.	Zakon o posredovanju u privatnom osiguranju (Sl. novine FBiH, br. 22/05 i Sl. glasnik RS)

The life single insourance market“, Comite Europeen des Assurances, http://www.insuranceeurope.eu/uploads/Modules/Publications/1249033778_life-single-insurance-market.pdf
1.	„The non-life single insourance market“, Comite Europeen des Assurances, http://www.insuranceeurope.eu/uploads/Modules/Publications/1249566833_nli.pdf
2.	Council Directive 91/674/EEC of 19 December 1991 on the annual accounts and consolidated accounts of insurance undertakings, OJ L 347 , 31.12.1991.
3.	Directive 2002/83/EC of the European Parliament and of the Council of 5November 2002 concerning life assurance, OJ L 345, 19.12.2002. Directive 2009/103/EC of the European Parliament and of the Council of 16 September 2009 relating to insurance against civil liability in respect of the use of motor vehicles, and the enforcement of the obligation to insure against such liability (codified version), OJ l 263, 07.10.2009.
4.	Directive 98/78/EC of the European Parliament and of the Council of 27 October 1998 on the supplementary supervision of insurance undertakings in an insurance group, OJ L 330, 5.12.1998.
5.	GORENC Vilim i dr, Zakon o obveznim odnosima sa komentarom, RRIF, Zagreb, 2006.
6.	Jahić, Mehmed, Finansije i finansijsko pravo, Sarajevo, 2004.
7.	JAKAŠA Branko, Pravo osiguranja, Pravni fakultet Zagreb, 2004.
8.	Odluka o dokumentima koji se prilažu uz zahtjev za izdavanje odobrenja za rad, „Službene novine FBiH“, br. 80/06.
9.	Pravilnik o elementima i kontroli margine solventnosti, „Službene novine FBiH“, br. 80/06
10.	Pravilnik o tehničkim rezervama, „Službene novine FBiH“, br. 80/06
11.	Pravilnik o visini i načinu ulaganja sredstava, „Službene novine FBiH“, br. 80/06
12.	 Šemić, Hilmija, Trgovačko pravo – knjiga prva, Bihać – Sarajevo, 2000