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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

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

  • Czech description

Classification

  • Type

    O - Miscellaneous

  • CEP classification

  • OECD FORD branch

    50206 - Finance

Result continuities

  • Project

  • 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