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Development of Selected Indicators of the Insurance Market in the Czech and Slovak Republic
[Vývoj vybraných ukazatelů pojistného trhu v České a Slovenské republice]

Author

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  • Lenka Přečková
  • Katarína Izáková

Abstract

The paper is focused on selected indicators of the insurance market in the Czech and Slovak Republic. The indicators are used for the analysis of the insurance market during years 1993- 2010. The periods of time is chosen from 1993, because in this year the Czech and Slovak Federative Republic were divided into two separate countries and both insurance markets have been developing separately and independently. The goal of the paper is to find the main differences in the chosen indicators of Czech and Slovak insurance market in the period 1993 - 2010. The methods of analysis and comparison of the indicators the written premium and the insurance penetration have been used applied. The emphasis is put on the total written premium, the written premium of non-life insurance, the written premium of life insurance, the insurance penetration related to the gross domestic product and the insurance penetration related to one inhabitant. The main differences are found above all in the year-on year changes of written premium, the share of life and non-life written premium in the whole written premium and in the insurance penetration related to life and non-life insurance.

Suggested Citation

  • Lenka Přečková & Katarína Izáková, 2012. "Development of Selected Indicators of the Insurance Market in the Czech and Slovak Republic [Vývoj vybraných ukazatelů pojistného trhu v České a Slovenské republice]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2012(3), pages 103-119.
    • Handle: RePEc:prg:jnlcfu:v:2012:y:2012:i:3:id:326:p:103-119
    DOI: 10.18267/j.cfuc.326
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    More about this item

    Keywords

    Indicator of insurance market; Written premium; Insurance penetration; Life and non-life insurance; Ukazatelé pojistného trhu; Předepsané pojistné; Pojištěnost; Životní a neživotní pojištění;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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