The Comparison of the Czech and Slovak Insurance Market
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F23%3A00011592" target="_blank" >RIV/46747885:24310/23:00011592 - isvavai.cz</a>
Result on the web
<a href="https://msed.vse.cz/msed_2023/sbornik/toc.html" target="_blank" >https://msed.vse.cz/msed_2023/sbornik/toc.html</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Comparison of the Czech and Slovak Insurance Market
Original language description
The insurance market is one of the essential parts of financial markets. Among other things, insurance companies act as built-in stabilisers of financial markets. The importance of this market was also confirmed during the recent financial crisis that began in 2007. The development of the insurance market reflects not only the development of regulation and macroeconomic variables but also modern new trends and risks that are constantly emerging. It must be added that the Czech and Slovak insurance markets underwent similar developments in the first years after the division of Czechoslovakia into the Czech and Slovak Republics. However, it is a question of how the development of these similar insurance markets looked over the last half-decade when the Czech and Slovak Republics underwent further exciting developments. The article aims to compare the development of these similar insurance markets over the last half-decade and detect significant differences. The paper will mainly focus on the following indicators: market concentration, development of gross premiums written in life and non-life insurance, insurance penetration and insurance density.
Czech name
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Czech description
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Classification
Type
O - Miscellaneous
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů