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Insurance in the Czech Republic - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 46 Pages
  • November 2021
  • Region: Czech Republic
  • MarketLine
  • ID: 5526734
Insurance in the Czech Republic industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
  • The Czech insurance market had total gross written premiums of $7.2bn in 2020, representing a compound annual growth rate (CAGR) of 3.3% between 2016 and 2020.
  • The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $5.0bn, equivalent to 69.4% of the market's overall value.
  • The future of the pandemic remains uncertain, which makes it difficult to predict the long-term performance of the insurance market. As global vaccination programs are rolled out and societies gradually reopen, consumer confidence is likely to improve, easing demand for insurance. However, interest rates are expected to remain low for some time, constraining insurers’ profits.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in the Czech Republic
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in the Czech Republic
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Czech Republic insurance market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Czech Republic automotive manufacturing market by value in 2020?
  • What will be the size of the Czech Republic automotive manufacturing market in 2025?
  • What factors are affecting the strength of competition in the Czech Republic automotive manufacturing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the Czech Republic's automotive manufacturing market?

Table of Contents

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 are the strengths of leading players?
7.5. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. Assicurazioni Generali SpA
8.2. Vienna Insurance Group AG
8.3. CSOB Pojistovna as
8.4. Allianz SE
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About The Publisher
List of Tables
Table 1: Czech Republic insurance market value: $ billion, 2016 - 20
Table 2: Czech Republic insurance market category segmentation: $ billion, 2020
Table 3: Czech Republic insurance market geography segmentation: $ billion, 2020
Table 4: Czech Republic insurance market value forecast: $ billion, 2020 - 25
Table 5: Czech Republic insurance market share: % share, by value, 2020
Table 6: Assicurazioni Generali SpA: key facts
Table 7: Assicurazioni Generali SpA: Annual Financial Ratios
Table 8: Assicurazioni Generali SpA: Key Employees
Table 9: Assicurazioni Generali SpA: Key Employees Continued
Table 10: Vienna Insurance Group AG: key facts
Table 11: Vienna Insurance Group AG: Annual Financial Ratios
Table 12: Vienna Insurance Group AG: Key Employees
Table 13: CSOB Pojistovna as: key facts
Table 14: CSOB Pojistovna as: Key Employees
Table 15: Allianz SE: key facts
Table 16: Allianz SE: Annual Financial Ratios
Table 17: Allianz SE: Key Employees
Table 18: Allianz SE: Key Employees Continued
Table 19: Czech Republic size of population (million), 2016 - 20
Table 20: Czech Republic gdp (constant 2005 prices, $ billion), 2016 - 20
Table 21: Czech Republic gdp (current prices, $ billion), 2016 - 20
Table 22: Czech Republic inflation, 2016 - 20
Table 23: Czech Republic consumer price index (absolute), 2016 - 20
Table 24: Czech Republic exchange rate, 2016 - 20
List of Figures
Figure 1: Czech Republic insurance market value: $ billion, 2016 - 20
Figure 2: Czech Republic insurance market category segmentation: % share, by value, 2020
Figure 3: Czech Republic insurance market geography segmentation: % share, by value, 2020
Figure 4: Czech Republic insurance market value forecast: $ billion, 2020 - 25
Figure 5: Forces driving competition in the insurance market in the Czech Republic, 2020
Figure 6: Drivers of buyer power in the insurance market in the Czech Republic, 2020
Figure 7: Drivers of supplier power in the insurance market in the Czech Republic, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in the Czech Republic, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in the Czech Republic, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in the Czech Republic, 2020
Figure 11: Czech Republic insurance market share: % share, by value, 2020

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Assicurazioni Generali SpA
  • Vienna Insurance Group AG
  • CSOB Pojistovna as
  • Allianz SE

Table Information