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Evaluation of the impact of the COVID-19 pandemic on the financial health of commercial insurance companies in the Czech Republic

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F24%3A00138381" target="_blank" >RIV/00216224:14560/24:00138381 - isvavai.cz</a>

  • Alternative codes found

    RIV/47813059:19520/24:A0000495

  • Result on the web

    <a href="https://doi.org/10.18559/ref.2024.2.1188" target="_blank" >https://doi.org/10.18559/ref.2024.2.1188</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.18559/ref.2024.2" target="_blank" >10.18559/ref.2024.2</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Evaluation of the impact of the COVID-19 pandemic on the financial health of commercial insurance companies in the Czech Republic

  • Original language description

    This article focuses on assessing the impact of the COVID-19 pandemic on the insurance operations of commercial insurance companies in the Czech Republic. The aim of the article is to determine the impact of the pandemic on the financial health of commercial insurance companies in the Czech Republic. In order to achieve this, ratio indicators suitable for measuring the financial health of commercial insurance companies, such as the growth rate of premium income, cost-effectiveness, profitability, or solvency, have been employed. Because insurance activities in non-life and life insurance differ and show different values of ratio indicators of financial health, insurance companies have been divided into two groups: those with a predominance of life insurance and those with a predominance of non-life insurance. The impact of the pandemic on the financial health indicators of individual commercial insurance companies has been monitored. The period from 2016 to 2021 has been selected to determine the impact of the pandemic. The authors have used data from the statistics of the Czech Association of Insurance Companies and annual reports of insurance companies.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>ost</sub> - Miscellaneous article in a specialist periodical

  • CEP classification

  • OECD FORD branch

    50206 - Finance

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2024

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Research Papers in Economics and Finance

  • ISSN

    2543-6430

  • e-ISSN

  • Volume of the periodical

    8

  • Issue of the periodical within the volume

    2

  • Country of publishing house

    PL - POLAND

  • Number of pages

    13

  • Pages from-to

    78-90

  • UT code for WoS article

  • EID of the result in the Scopus database