Czech Republic Non-Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Summary
Non-Life Insurance in the Czech Republic industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- The Czech non-life insurance market had total gross written premiums of $6.4 billion in 2022, representing a compound annual growth rate (CAGR) of 8.2% between 2017 and 2022.
- The Motor segment accounted for market's the largest proportion in 2022, with total gross written premiums of $1.7 billion, equivalent to 26% of the market's overall value.
- As a result of inflation driving up the costs of insurance clients in the Czech Republic, non-life insurance companies will experience an increase in the cost of claims.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in the Czech Republic
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in the Czech Republic
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Czech Republic non-life insurance market with five year forecasts by both value and volume
- What was the size of the Czech Republic non-life insurance market by value in 2022?
- What will be the size of the Czech Republic non-life insurance market in 2027?
- What factors are affecting the strength of competition in the Czech Republic non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the Czech Republic's non-life insurance market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What strategies do leading players follow?
- 7.4. What has been the rationale behind recent M&A activity?
- 7.5. How has the COVID-19 outbreak impacted the market?
- 8 Company Profiles
- 8.1. Allianz SE
- 8.2. Ceska podnikatelska pojistovna as
- 8.3. Kooperativa pojistovna AS
- 8.4. Generali Ceska Pojistovna as
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. About MarketLine
- List of Tables
- Table 1: Czech Republic non-life insurance market value: $ billion, 2017-22(e)
- Table 2: Czech Republic non–life insurance market category segmentation: % share, by value, 2017–2022(e)
- Table 3: Czech Republic non-life insurance market category segmentation: $ billion, 2017-2022
- Table 4: Czech Republic non–life insurance market geography segmentation: $ billion, 2022(e)
- Table 5: Czech Republic non-life insurance market value forecast: $ billion, 2022-27
- Table 6: Czech Republic non-life insurance market share: % share, by value, 2022(e)
- Table 7: Allianz SE: key facts
- Table 8: Allianz SE: Annual Financial Ratios
- Table 9: Allianz SE: Key Employees
- Table 10: Allianz SE: Key Employees Continued
- Table 11: Ceska podnikatelska pojistovna as: key facts
- Table 12: Ceska podnikatelska pojistovna as: Key Employees
- Table 13: Kooperativa pojistovna AS: key facts
- Table 14: Kooperativa pojistovna AS: Key Employees
- Table 15: Generali Ceska Pojistovna as: key facts
- Table 16: Generali Ceska Pojistovna as: Key Employees
- Table 17: Czech Republic size of population (million), 2018–22
- Table 18: Czech Republic gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: Czech Republic gdp (current prices, $ billion), 2018–22
- Table 20: Czech Republic inflation, 2018–22
- Table 21: Czech Republic consumer price index (absolute), 2018–22
- Table 22: Czech Republic exchange rate, 2017–21
- List of Figures
- Figure 1: Czech Republic non-life insurance market value: $ billion, 2017-22(e)
- Figure 2: Czech Republic non-life insurance market category segmentation: $ billion, 2017-2022
- Figure 3: Czech Republic non–life insurance market geography segmentation: % share, by value, 2022(e)
- Figure 4: Czech Republic non-life insurance market value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the non-life insurance market in the Czech Republic, 2022
- Figure 6: Drivers of buyer power in the non-life insurance market in the Czech Republic, 2022
- Figure 7: Drivers of supplier power in the non-life insurance market in the Czech Republic, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in the Czech Republic, 2022
- Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in the Czech Republic, 2022
- Figure 10: Drivers of degree of rivalry in the non-life insurance market in the Czech Republic, 2022
- Figure 11: Czech Republic non-life insurance market share: % share, by value, 2022(e)
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