law

The course is concerned with the phenomenon of insurance and its articulations, with eminent reference to the regulation of private insurance provided by both domestic legal sources and European Union law. The syllabus (course and exam) includes the following subjects and topics: insurance business and contracts; supervision over insurance and reinsurance business; taking-up of the business of insurance; pursuit of insurance business; local undertakings and particular mutual insurance undertakings; taking up of the business of reinsurance; pursuit of reinsurance business; ownership structure; financial statements and accounting records; insurance and reinsurance distribution activity; compulsory insurance for motor vehicles and craft; provisions relating to particular insurance operations (community co-insurance; legal expenses insurance); provisions relating to insurance contracts; disclosure of operations and policyholder’s protection; supervision over undertakings and intermediaries; group supervision; safeguards, reorganization and winding up measures; compensation schemes; sanctions and sanctioning procedures. A first part of the course will be dedicated to insurance technique aspects (12 hrs); another to those relating to insurance undertakings (30 hrs); and a further part to contractual profiles (30 hrs). For each topic, a part will be dedicated to the examination of general and contextual concepts (3 hrs) and the residual part will be of detailed study.

The course is for students who have already reached a sufficient university-level knowledge of the law of obligations with particular regard to contract law and tort law, as well as of EU law and of commercial law with particular regard to the law of enterprise and company law. It is necessary to have passes the exams of Institutes of private law and Institutes of public law.

Textbooks that can be used to prepare the exam are Farenga, Manuale di diritto delle assicurazioni private, Giappichelli, last edition, and Donati e Volpe Putzolu, Manuale di diritto delle assicurazioni, Giuffrè, last edition, combined with the analytical and critical study of the sources of the discipline covered by the course, since the exam is intended to ascertain the knowledge of such a discipline with regard to the subjects and profiles included in the syllabus. The textbooks mentioned are only to support the learning of the content of the sources; legislative updates must be taken into account in the study; and, in the preparation, different textbooks can be freely chosen.The ulterior bibliography of reference, useful to the continuation of autonomous studies on part of students interested in analysing the subject in depth, is recommended during the course. The study of such further bibliography is not required for the purposes of passing the final exam.

Attendance is elective

Oral examination, which concurs in the proportion of 100% to the final grade: the exam will be intended to verify the knowledge and understanding of the legal regulation pertaining to the subjects which are part of the programme, as well as the skills the acquisition of which constitutes a specific aim of the course, with particular regard to the ability to solve legal cases and critically analyse legal sources. Attending students can be offered alternative examination formats to arrange with the professor, which will be explained in class.

Lectures intended to achieve the various aims of the course, as well as exercises and seminars functional to obtaining the different skills consisting of both applying knowledge and understanding and learning skills (exercises), much like making judgements and communication skills (exercises and seminars).