To form the students’ awareness of the importance and the necessity of application of property, business and responsibility insurance methods in practice. To teach the prospective specialists to be competent in evaluating the risk situations and to make well-grounded decisions oriented on defence of the interests of natural persons and company by means of insurance. To help students to obtain knowledge of the principles of insurance, to develop their abilities and practical skills in applying different kinds of insurance.

Course Information

Place: Face to face
Instructor: Sergey Paramonov
Level of course: Bachelor
Language of the Course: English

Credit points:  2 CP | 3 ECTS

Course prerequisites:  Statistics, Microeconomics, Macroeconomics, Corporate Finances

Price:  110 € without VAT

General information

After successful completion of the course, student will be able to demonstrate and employ the following:


  • Basic types of insurance
  • Laws regulating the insurance market of Latvia.
  • Principles of assessing the financial condition of an insurance company
  • Conditions of property, personal insurance and liability insurance


  • Perform calculations required for the conclusion of insurance contracts...
  • To issue documents accompanying insurance protection processes,
  • Effectively use the possibilities of insurance


  • In economic and legal issues of insurance protection of property interests.
  • In assessing the stability of an insurance company when concluding insurance contracts.

Hurry up to apply! The number of participants in the group is limited - maximum 12 people!

To Apply

For more information please write to, Transport and Telecommunication Institute, Lomonosova Street 1 - Room 404, Riga, LV-1019, Latvia, phone: (+371) 67100535, (+371) 29389408

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