A significant advancement in flood risk analytics is set to reshape how Czech insurance companies assess and price flood exposure. In response to the devastating floods of September 2024, a new generation of flood hazard maps and analytical tools will be available for the legal and insurance markets in 2026.

The Czech insurance market ended the third quarter of 2025 with GWP worth CZK 186.93 billion (EUR 7.68 billion), up by 7.65% y-o-y, according to the end-September data published by the Czech National Bank (CNB).

For the life segment, the GWP value (including reinsurance) went up by 5.77% to CZK 45.75 billion, while the aggregate GWP related to non-life subclasses totaled at the end of September 2025 about CZK 141.17 billion (up by 8.28% y-o-y).

Claims paid by local insurers totaled CZK 93.79 billion (EUR 3.81 billion) down by 13.6% y-o-y, of which CZK 66.44 billion related to non-life insurance, the remaining CZK 26.35 billion being related to life insurance subclasses. After the 2024 peak driven by the September floods, claims paid for property insurance decreased dramatically, by over 52%, to CZK 14.93 billion (EUR 613.5 million) in 3Q 2025.

Access xprimm.com and download the Czech insurance market statistics.

The upward trend in civil liability insurance claims continues – while about 259,000 claims were registered in 2023 and 263,000 in 2024, this year's total is expected to exceed 265,000, representing a 1% increase, the Czech Office of Insurers wrote.

According to the Czech National Bank data, Czech insurers ended H1 2025 with GWP worth EUR 5.05 billion, by 8.1% more y-o-y. Paid claims have increased by 7.07 %, to EUR 2.45 billion.

The Czech insurance market has recorded a marked increase in fire-related claims in the first half of 2025. According to the Czech Insurance Association, the number of insured fire events rose by 15% year-on-year, with 2,871 cases reported, compared to 2,489 in the same period of 2024.

According to the Czech National Bank data, Czech insurers ended Q1 2025 with GWP worth EUR 2.51 billion, by almost 7% more y-o-y. Paid claims have increased by 4.74%, to EUR 1.12 billion.

The Czech insurance market totaled CZK 230.43 billion (EUR 9.15 billion) at the end of 2024, up by 8.13% y-o-y in national currency, according to the year-end figures published by the Czech National Bank (CNB).

Claims paid by local insurers totaled CZK 138.43 billion (EUR 5.49 billion) up by almost 27% y-o-y, of which CZK 38.5 billion related to property insurance, who saw a huge increase (156%) in the claims paid following the September floods in Czechia.

VIG Re, announced organizational changes to its Board of Management, effective 1 January 2025. These changes are designed to further enhance the company's strategic direction and operational efficiency, the company’s press release stated.

The Czech insurance market ended the third quarter of 2024 with GWP worth CZK 173.64 billion (EUR 6.89 billion), up by 7.9% y-o-y, according to the end-September figures published by the Czech National Bank (CNB).

Damages under compulsory liability insurance this year keep increasing – the average payment for property damage increased by 9.9% as of September 30, 2024. Growth continues to be influenced by higher prices for labor and spare parts in car repair shops and gradual modernization of the vehicle fleet, the Czech Office of Insurers wrote.

From October 1, 2024, there will be significant digitization in liability insurance. Online insurance registration will allow drivers to no longer keep Green Card policies with them, even in electronic form, the Czech Office of Insurers wrote.

According to the Czech National Bank data, Czech insurers ended H1 2024 with GWP worth EUR 4.63 billion, a total slightly superior to the H1 2023 one (+2.6%). Paid claims have also remained quasi stable, increasing by 1.85%, to EUR 2.28 billion.

Trucks make up a significant part of the cars that move on roads. However, this type of transport is also involved to a considerable extent in accidents on Czech roads.

According to the Czech National Bank data, Czech insurers ended Q1 2024 with GWP worth EUR 2.35 billion, a total sum fairly equal to the Q1 2023 one. Paid claims have decreased by 1.6%, to EUR 1.07 billion.

VIG Re announced that effective January 1, 2025, Tobias SONNDORFER will succeed Johannes Martin HARTMANN as Chief Executive Officer and Chairman of the Board of Directors in line with the established succession plan.

Ten insurance companies have already voluntarily signed up to the self-regulatory standard set up by the Czech Association of Insurance Companies (CAP) in November 2023 regarding equal access to persons who have experienced cancer.

VIG Re, the reinsurance arm of Vienna Insurance Group, has published its Annual Report confirming preliminary financial figures communicated on 20th March 2024.

The Czech insurance market totaled CZK 213.15 billion (EUR 8.62 billion) at the end of 2023, up by 6.52% y-o-y, according to the year-end figures published by the Czech National Bank (CNB).

According to the Q4 2023 market data published by the Czech Insurance Association – CAP, total premiums of the members of the association reaches a value of CZK 168.5 billion (~EUR 6.8 billion) by the end of 2023, up by 7.1% y-o-y, or by CZK 11.1 billion.

51% of Czechs have taken out life insurance, with the primary reason of protecting their family in case they become unable to provide because injury or illness or death. Providing for their own needs in the event of illness or injury only comes second, a recent CAP survey shows.