Actuarial and Financial Sciences

CLAUDIO RUSSO

GENERAL OBJECTIVES

The course intends to introduce students to the study of the operational rules of financial markets, with particular regard to insurance. Students must not only learn the basics but also analyse them critically, especially with regard to the sound ratio of their discipline.


KNOWLEDGE AND UNDERSTANDING SKILLS
After attending the course, the students will know and understand how to deal with the study not only of current legislation but also of its evolutionary trend, being these disciplines in continuous and constant evolution.


ABILITY TO APPLY KNOWLEDGE AND UNDERSTANDING
At the end of the course, students will be able to understand the logic that governs the functioning of the markets and the profound interrelation between the framework of companies, products, their intermediation and supervision.

JUDGMENT AUTONOMY
Students develop a peripheral vision and a basic reconstructive skill of the frameworks examined, developing the ability to evaluate them also in a critical sense and in terms of consistency with the European legislation.

COMMUNICATIVE SKILLS
After attending the course, students acquire a legal language that, for the chosen university path, is of fundamental importance not only to have an expressive modality different from the other subjects studied but also to make an appropriate use of it also for the purpose of an adequate placement in a working environment.

LEARNING SKILLS
Language, expressive modalities, knowledge and critical scrutiny of the general and sector-specific disciplines covered by the course are the basis for the students to increase, on a much more solid basis, their ability to use them in the areas of competence

KNOWLEDGE AND UNDERSTANDING
After attending the course, students know and understand how to approach the study not only of the current legal framework but also of its evolving trends, as these are disciplines undergoing continuous and constant development.

APPLYING KNOWLEDGE AND UNDERSTANDING
By the end of the course, students are able to understand the logic underlying the functioning of markets and the profound interrelationship between the regulation of firms, products, their distribution, and supervision.

MAKING JUDGEMENTS
Students develop a broad perspective and a fundamental ability to analyze and reconstruct the disciplines examined, enabling them to assess them critically and in terms of their consistency with European legislation.

COMMUNICATION SKILLS
After attending the course, students acquire legal terminology that, within their chosen academic path, is of fundamental importance not only for developing a mode of expression distinct from that used in other subjects but also for using it effectively to support appropriate professional positioning.

LEARNING SKILLS
Legal terminology, modes of expression, knowledge, and the critical assessment of the general and sector-specific disciplines covered in the course provide students with a solid foundation for further developing their ability to apply these competencies in their respective fields of expertise.

Knowledge of the fundamental principles of private law and economics.

Lecture notes prepared by the Professor

Not mandatory

Oral exam evaluation

Conditions for access to the insurance business; regulation of technical provisions and RPS, Solvency II – Recovery measures; compulsory administrative liquidation; banking and para-banking activities; banking supervision

• ITA
  • Books: Professors's handouts