STATISTICS:

STATISTICS: Czech Rep. 3Q2017: MTPL and MoD generated together about one third of total GWP

At the end of September, the Czech insurance market amounted CZK 92.9 billion (about EUR 3.6 billion), representing a 3.8% y-o-y growth rate, according to the nine months market figures published by the Czech Insurance Association (CAP).

The life insurance segment showed a slight decrease of -0.2% y-o-y to CZK 32.5 billion, while the non-life sector was up by 6.1% y-o-y to CZK 60.4 billion.

The two motor sub-segments (MTPL and MoD) generated together about one third of total GWP (CZK 30 billion), Industry & Business policies (cl. 5-6, 8, 9, 11, 12, 13 - without workers' compensation) - about 15% (CZK 14.2 billion), while Retail property & liability insurance accounted for about 9% share of total market.

In terms of GWP, the largest insurer in the country was CESKA pojistovna - the main arm of GENERALI CEE Holding (22.3% market share), followed by KOOPERATIVA pojistovna - member of Austrian VIENNA Insurance Group (20.4%) and ALLIANZ pojistovna - the local subsidiary of the German insurer (10.2%).

Access www.xprimm.com and download the preliminary 3Q2017 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

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

VIG Group's Czech companies won multiple awards

Vienna Insurance Group's (VIG) companies Kooperativa and Ceska podnikatelska pojistovna (CPP) led the way in the Association of Czech Insurance Brokers' "Insurer of the Year" survey, taking the top two spots in all four of the main categories.

2018-06-13

ON THE MOVE

TOP EVENT

photodune-3834701-laughing-girl-xs

LIVE: 1st National Reinsurers Summit in Moscow: focus on global cooperation

Today has started in Moscow the 1st National Reinsurers Summit "National Reinsurers: Focus on global cooperation". Organized by the Russian National Reinsurance Company (RNRC) with the support of the Central Bank of the Russian Federation, the conference has the xprimm.com insurance portal as Media Partner.

20.09.2018

photodune-3834701-laughing-girl-xs

LIVE from Monte Carlo: The 62nd edition of the "Rendez-Vous de Septembre"

The 62nd edition of the "Rendez-Vous de Septembre", the annual traditional meeting of reinsurers starts Sunday in Monte Carlo. XPRIMM Publications covering the CEE, SEE and CIS insurance markets are available at the XPRIMM stand in Fairmont Hotel, as well as at the most important venues in Monte Carlo.

13.09.2018

Willis Re - Market still soft, but functional

Despite the high losses from 2017 the reinsurance market is still soft, James KENT, Global Chief Executive Officer (CEO) of Willis Re stated at a press briefing in Monte Carlo.

10.09.2018

See all