At the end of 2016, the aggregate GWP value of the Czech insurance market amounted, according to the Czech Insurance Association (CAP), to CZK 118.5 billion (about EUR 4.4 billion), meaning a 2.1% y-o-y growth rate.

The life insurance segment showed a negative dynamic (-1.8% y-o-y to EUR 1.6 billion), while the non-life sector was up by 4.5% y-o-y to EUR 2.8 billion.

As far as the non-life segment was concerned - the two motor sub-segments (MTPL and MoD) and Industry & Business policies (cl. 5-6, 8, 9, 11, 12, 13 - without workers' compensation) - generated together about 77% of non-life GWP or 48% of total market.

On the life segment, CESKA pojistovna - the main arm of GENERALI CEE Holding B.V. - was the market leader (18.8% market share), followed by the two VIG subsidiaries: KOOPERATIVA pojistovna (15.5%) and Pojistovna Ceske sporitelny (14.3%).

CESKA pojistovna led the non-life ranking (24.8% of the market share), followed by KOOPERATIVA pojistovna - (30.0%) and ALLIANZ pojistovna (12.9%).

Access www.xprimm.com and download the preliminary FY2016 Czech Republic insurance market statistics (GWP portfolio / growth rates / shares) & market rankings (in EUR and CZK) on the following classes (according to CAP):

• Total market
• Life
• Non-life
• MoD
• MTPL