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Non-Life Insurance in the Czech Republic, Key Trends and Opportunities to 2020

Non-Life Insurance in the Czech Republic, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Non-Life Insurance in the Czech Republic Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Czech non-life insurance segment, and a comparison of the Czech insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Czech economy and demographics, explains the various types of natural hazard and their impact on the Czech insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Non-Life Insurance in the Czech Republic Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Czech non-life insurance segment, including:

  • The Czech non-life segment’s detailed outlook by product category
  • A comprehensive overview of the Czech economy and demographics
  • A comparison of the Czech non-life insurance segment with its regional counterparts
  • The various distribution channels in the Czech non-life insurance segment
  • Detailed analysis of natural hazards and their impact on the Czech insurance industry
  • Details of the competitive landscape in the non-life insurance segment in the Czech Republic
  • Details of regulatory policy applicable to the Czech insurance industry
Scope

This report provides a comprehensive analysis of the non-life insurance segment in the Czech Republic:
  • It provides historical values for the Czech non-life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Czech non-life insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Czech non-life insurance segment with its regional counterparts
  • It analyzes the various distribution channels for non-life insurance products in the Czech Republic.
  • It analyzes various natural and man-made hazards and their impact on the Czech insurance industry
  • It profiles the top non-life insurance companies in the Czech Republic, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Czech non-life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Czech non-life insurance segment.
  • Assess the competitive dynamics in the non-life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Czech insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The non-life segment also benefitted from growing demand for emerging classes such as cyber insurance and telematics, and numerous compulsory insurance classes.
  • A stable economy, and rises in disposable income, automobile sales and exports are expected to drive the segment over the forecast period.
  • An increase in foreign investment is expected to support industry growth.
  • Demand for liability insurance grew in 2014, and insurers increased their D&O liability insurance premium prices by up to 10%.
  • The Czech Republic is an export-driven economy, and the industrial, service and agriculture sectors all contribute to its GDP.
  • The Czech Republic has a multi-channel distribution platform for non-life products, and the use of diverse channels aided the segment’s growth during the review period.


  • Key Facts and Highlights
    • Table Czech Non-Life Insurance - Key Facts, 2015
    • Table Czech Non-Life Insurance - Segment Shares of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Czech Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Czech Non-Life Insurance - Gross Written Premium (CZK Billion and US$ Billion), 2011-2015
        • Table Czech Non-Life Insurance - Penetration (%), 2011-2015
        • Table Czech Non-Life Insurance - Gross Written Premium (CZK Billion and US$ Billion), 2015-2020
        • Table Czech Non-Life Insurance - Penetration (%), 2015-2020
        • Table Czech Non-Life Insurance - Premium per Capita (CZK and US$), 2011-2015
        • Table Czech Non-Life Insurance - Premium per Capita (CZK and US$), 2015-2020
      • Policies sold
        • Table Czech Non-Life Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Czech Non-Life Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Czech Non-Life Insurance - Paid Claims (CZK Billion and US$ Billion), 2011-2015
        • Table Czech Non-Life Insurance - Paid Claims (CZK Billion and US$ Billion), 2015-2020
      • Profitability
        • Table Czech Non-Life Insurance - Profitability Ratio (%), 2011-2015
        • Table Czech Non-Life Insurance - Profitability Ratio (%), 2015-2020
      • Assets and investments
        • Table Czech Non-Life Insurance - Total Assets (CZK Billion and US$ Billion), 2011-2015
        • Table Czech Non-Life Insurance - Total Assets (CZK Billion and US$ Billion), 2015-2020
        • Table Czech Non-Life Insurance - Total Investment Income (CZK Billion and US$ Million), 2011-2015
        • Table Czech Non-Life Insurance - Total Investment Income (CZK Billion and US$ Million), 2015-2020
        • Table Czech Non-Life Insurance - Investment Portfolio (CZK Billion), 2011-2015
        • Table Czech Non-Life Insurance - Investment Portfolio (CZK Billion), 2015-2020
  • Outlook by Category
    • Table Czech Non-Life Insurance - Direct Written Premium by Category (CZK Billion), 2011-2015
    • Table Czech Non-Life Insurance - Direct Written Premium by Category (CZK Billion), 2015-2020
    • Property Insurance
      • Product overview
        • Table Czech Property Insurance - Damage from Fire, 2011-2015
      • Premium
        • Table Czech Property Insurance - Direct Written Premium by Sub-Category (CZK Billion), 2011-2015
        • Table Czech Property Insurance - Direct Written Premium by Sub-Category (CZK Billion), 2015-2020
      • Policies sold
        • Table Czech Property Insurance - Number of Policies Sold by Sub-Category (Million), 2011-2015
        • Table Czech Property Insurance - Number of Policies Sold by Sub-Category (Million), 2015-2020
      • Claims
        • Table Czech Property Insurance - Paid Claims (CZK Billion and US$ Million), 2011-2015
        • Table Czech Property Insurance - Paid Claims (CZK Billion and US$ Million), 2015-2020
      • Profitability
        • Table Czech Property Insurance - Loss Ratio (%), 2011-2015
        • Table Czech Property Insurance - Loss Ratio (%), 2015-2020
    • Motor Insurance
      • Product overview
      • Premium
        • Table Czech Motor Insurance - Direct Written Premium by Sub-Category (CZK Billion), 2011-2015
        • Table Czech Motor Insurance - Direct Written Premium by Sub-Category (CZK Billion), 2015-2020
      • Policies sold
        • Table Czech Motor Insurance - Number of Policies Sold by Sub-Category (Million), 2011-2015
        • Table Czech Motor Insurance - Number of Policies Sold by Sub-Category (Million), 2015-2020
      • Claims
        • Table Czech Motor Insurance - Paid Claims (CZK Billion and US$ Million), 2011-2015
        • Table Czech Motor Insurance - Paid Claims (CZK Billion and US$ Million), 2015-2020
      • Profitability
        • Table Czech Motor Insurance - Loss Ratio (%), 2011-2015
        • Table Czech Motor Insurance - Loss Ratio (%), 2015-2020
    • Liability Insurance
      • Product overview
      • Premium
        • Table Czech Liability Insurance - Direct Written Premium by Sub-Category (CZK Billion), 2011-2015
        • Table Czech Liability Insurance - Direct Written Premium by Sub-Category (CZK Billion), 2015-2020
      • Policies sold
        • Table Czech Liability Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Czech Liability Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Czech Liability Insurance - Paid Claims (CZK Billion and US$ Million), 2011-2015
        • Table Czech Liability Insurance - Paid Claims (CZK Billion and US$ Million), 2015-2020
      • Profitability
        • Table Czech Liability Insurance - Loss Ratio (%), 2011-2015
        • Table Czech Liability Insurance - Loss Ratio (%), 2015-2020
    • Marine, Aviation and Transit Insurance
      • Product overview
        • Table Czech Transport Network - Global Rankings
        • Table Czech Marine, Aviation and Transit Insurance - Freight Carried (Thousand Ton), 2011-2015
        • Table Czech Marine, Aviation and Transit Insurance - Passenger Traffic, 2011-2015
      • Premium
        • Table Czech Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (CZK Million), 2011-2015
        • Table Czech Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (CZK Million), 2015-2020
      • Policies sold
        • Table Czech Marine, Aviation and Transit Insurance - Number of Policies Sold (Thousand), 2011-2015
        • Table Czech Marine, Aviation and Transit Insurance - Number of Policies Sold (Thousand), 2015-2020
      • Claims
        • Table Czech Marine, Aviation and Transit Insurance - Paid Claims (CZK Million and US$ Million), 2011-2015
        • Table Czech Marine, Aviation and Transit Insurance - Paid Claims (CZK Million and US$ Million), 2015-2020
      • Profitability
        • Table Czech Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
        • Table Czech Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
    • Analysis by Distribution Channel
  • Natural Hazards
    • Flooding
    • Windstorms
    • Hailstorms
    • Exposure
  • Competitive Landscape
    • Table Czech Non-Life Segment - Market Shares of Leading Insurers (%), 2014
    • Company Profiles
      • Kooperativa pojiš ovna as - company overview
        • Table Kooperativa Pojiš ovna as - Key Facts
        • Table Kooperativa Pojiš ovna as - Key Financials (CZK Million), 2011-2014
      • Èeská pojiš ovna as - company overview
        • Table Èeská pojiš ovna as - Key Facts
        • Table Èeská pojiš ovna as - Key Financials (CZK Million), 2011-2015
      • Allianz pojiš ovna as - company overview
        • Table Allianz pojiš ovna as - Key Facts
        • Table Allianz pojiš ovna as - Key Financials (CZK Million), 2011-2015
      • Generali Pojiš ovna as - company overview
        • Table Generali Pojiš ovna as - Key Facts
        • Table Generali Pojiš ovna as - Key Financials (CZK Million), 2011-2015
      • Èeská podnikatelská pojiš ovna as - company overview
        • Table Èeská podnikatelská pojiš ovna as - Key Facts
        • Table Èeská podnikatelská pojiš ovna as - Key Financials (CZK Million), 2011-2014
  • Governance, Risk and Compliance
    • Table Czech Republic - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life Insurance
        • Table Czech Republic - Life Insurance Regulatory Framework
      • Property Insurance
        • Table Czech Republic - Property Insurance Regulatory Framework
      • Motor Insurance
        • Table Czech Republic - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Czech Republic - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Workers' Compensation Insurance
      • Air carriers and aircraft operators insurance
        • Table Czech Republic - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
      • Professional indemnity insurance for alternative investment fund managers
      • Clinical trials liability insurance
    • Supervision and Control
      • International Association of Insurance Supervisors
      • European Insurance and Occupational Pensions Authority
      • Czech National Bank
      • Czech Insurance Association
      • Federation of European Risk Management Associations (Ferma)
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Czech Republic Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Databook
    • Policies and Premium
      • Table Czech Insurance Industry - Policies and Premium, 2011-2015
      • Table Czech Insurance Industry - Policies and Premium, 2015-2020
    • Claims and Expenses
      • Table Czech Non-Life Insurance - Claims and Expenses, 2011-2015
      • Table Czech Non-Life Insurance - Claims and Expenses, 2015-2020
    • Assets and Investments
      • Table Czech Non-Life Insurance - Assets and Investments, 2011-2015
      • Table Czech Non-Life Insurance - Assets and Investments, 2015-2020
    • Property Insurance
      • Table Czech Non-Life Insurance - Property Insurance, 2011-2015
      • Table Czech Non-Life Insurance - Property Insurance, 2015-2020
    • Property Insurance by Product
      • Table Czech Non-Life Insurance - Property Insurance by Product, 2011-2015
      • Table Czech Non-Life Insurance - Property Insurance by Product, 2015-2020
    • Motor Insurance
      • Table Czech Non-Life Insurance - Motor Insurance, 2011-2015
      • Table Czech Non-Life Insurance - Motor Insurance, 2015-2020
    • Motor Insurance by Product
      • Table Czech Non-Life Insurance - Motor Insurance by Product, 2011-2015
      • Table Czech Non-Life Insurance - Motor Insurance by Product, 2015-2020
    • Liability Insurance
      • Table Czech Non-Life Insurance - Liability Insurance, 2011-2015
      • Table Czech Non-Life Insurance - Liability Insurance, 2015-2020
    • Marine, Aviation and Transit Insurance
      • Table Czech Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
      • Table Czech Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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