Czech Republic

Location:
Central Europe, between Germany, Poland, Slovakia, and Austria

Climate:
temperate; cool summers; cold, cloudy, humid winters

Natural hazards:
Flooding


Currency: Kroon (CZK)

1 EUR = 27.725 Kroon - CZK (December 31st, 2014)
1 EUR = 27.425 Kroon - CZK (December 31st, 2013)
1 EUR = 25.14 Kroon - CZK (December 31st, 2012)
1 EUR = 25.80 Kroon - CZK (December 31st, 2011)
1 EUR = 25.06 Kroon - CZK (December 31st, 2010)

Sources:
The Czech National Bank (CNB)
Czech Insurance Association (CAP)

Insurance statistics

FY2016Market portfolio (CNB)xlsx
FY2016Market portfolio (CAP)xlsx
FY2016Insurance companies rankings (CAP)xlsx
3Q2016Market portfolio (CNB)xlsx
3Q2016Market portfolio (CAP)xlsx
3Q2016Market rankings (CAP)xlsx
1H2016Market portfolio (CAP)xlsx
1H2016Market rankings (CAP)xlsx
1Q2016Market portfolio (CNB)xlsx
1Q2016Market portfolio (CAP)xlsx
1Q2016Insurance companies rankings (CAP)xlsx
FY2015Market portfolio (CNB)xlsx
FY2015Market portfolio (CAP)xlsx
FY2015Insurance companies rankings (CAP)xlsx
3Q2015Market portfolio (CNB)xlsx
3Q2015Market rankings (CAP)xlsx
3Q2015Market portfolio (CAP)xlsx
1H2015Market portfolio (CNB)xlsx
1H2015Market rankings (CAP)xlsx
1Q2015Market portfolio (CNB)xlsx
1Q2015Market portfolio (CAP)xlsx
1Q2015Insurance companies rankings (CAP)xlsx
FY2014
Market portfolio (CNB)xlsx
FY2014
Market rankings (CAP)xlsx
FY2014Market portfolio (CAP)xlsx
3Q2014
Market Portfolio (CNB)xlsx
3Q2014Market portfolio (CAP)xlsx
1H2014Insurance market overview pdf
1H2014Market Portfolio (CNB)xlsx
1H2014Insurance Companies Rankings (CAP)xlsx
1Q2014Market portfolio (CNB)xlsx
1Q2014Market portfolio (CAP)xlsx
1Q2014Insurance companies rankings (CAP)xlsx
FY2013Insurance market overview pdf
FY2013Market Portfolio (CNB)xlsx
FY2013Market portfolio and rankings (CAP)xlsx
3Q2013Market Portfolio (CNB)xlsx
3Q2013Market portfolio and rankings (CAP)xlsx
1H2013Insurance market overview pdf
1H2013
Market rankings (CAP)xlsx
1H2013Market portfolio (CNB)xlsx
1Q2013Market portfolio and rankings (CAP)xlsx
1Q2013Market portfolio (CNB)xlsx
FY2012Insurance market overview pdf
FY2012Market rankings (CAP)xlsx
FY2012Market portfolio (CNB)xlsx
3Q2012Market portfolio (CNB)xlsx
3Q2012Market rankingsxlsx
3Q2012Market portfolio (CAP)xlsx
1H2012Insurance market overview pdf
1H2012Market rankingsxlsx
1H2012Market portfolio (CAP)xlsx
1Q2012Market portfolio and rankings (CAP)xlsx
1Q2012Market portfolio (CNB)xlsx
FY2011Insurance market overview pdf
FY2011Market portfolio (CNB)xlsx
FY2011Market portfolio (CAP)xlsx
FY2011Insurance companies rankingsxlsx
3Q2011Market portfolio (CNB)xlsx
3Q2011Market portfolio (CAP)
xlsx
3Q2011Insurance companies rankingxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2010Czech insurance market overviewpdf
1H2010Market portfolio and rankingsxlsx
1H2009
Czech insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
1H2009
Non-Life insurance rankings xls
2009Czech insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls


FY2016 Market portfolio (CAP)

FY2016 Insurance companies rankings (CAP)

CZECH insurance market in 2020: are you ready for the digital revolution?

Marking the first anniversary of Willis Towers Watson's Prague office, we are delighted to present our report into the prospects for the Czech insurance industry in the years to 2020. In this unique survey of 49 senior insurance executives from across the industry - insurers, reinsurers, intermediaries, academics and industry associations - we sought to identify the key trends, risks, opportunities and keys to success for insurance companies.

CZECH REPUBLIC: Unipetrol gets another insurance compensation

Unipetrol received another insurance compensation at USD 40mln (CZK 1bn) related to FCC unit accident at Kralupy. It is the first compensation linked to Kralupy unit that increases total amount received to CZK 8.9bn (CZK 7.9bn received in 2016 linked to Litvinov unit). This increases chances for dividend announcement (setting up official dividend policy) around mid of March when Company plans to publish its new strategy.

STATISTICS: Czech Rep., 3Q2016: The decreases in life insurance pushed down the aggregate figure

At the end the third quarter of 2016, the Czech Rep. insurance market totaled CZK 111.6 billion (EUR 4.1 billion), 3.7% less y-o-y, according to the market statistics published on the Czech National Bank website. If the life insurance segment reported an 8% y-o-y decrease (to EUR 1.6 billion), the non-life insurance maintained at about the 3Q2015 level: GWP of EUR 2.5 billion.

CZECH REPUBLIC: New Obligations for Large Companies

In accordance with the EU directive 2014/95/EU, business corporations with more than 500 employees that qualify as large undertakings and public-interest entities as defined by the Czech act on accounting (these include, for instance, banks, insurance companies or large companies with securities admitted to trading on an-EU regulated market) are subject to so-called non-financial reporting starting January 1, 2017.

STATISTICS: CZECH REP., 3Q2016: Motor policies maintained the market on the upward trend

According to data released by the Czech Insurance Association (CAP), in 3Q 2016 the insurance market has been driven by non-life insurance segment which reported a y-o-y growth rate of 4.2%, while life policies continues to decrease by about 2.1%. Overall, the aggregate GWP increased slightly by CZK 1.61 billion (to CZK 89.57 billion or EUR 3.32.billion), which corresponds to a y-o-y growth rate of 1.8%.