The Development of Performance of the Non-life Czech Insurance Market
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F22%3AA0000341" target="_blank" >RIV/47813059:19520/22:A0000341 - isvavai.cz</a>
Výsledek na webu
<a href="https://aak.slu.cz/artkey/aak-202202-0005_vyvoj-vykonnosti-ceskeho-pojistneho-trhu-s-nezivotnim-pojistenim.php" target="_blank" >https://aak.slu.cz/artkey/aak-202202-0005_vyvoj-vykonnosti-ceskeho-pojistneho-trhu-s-nezivotnim-pojistenim.php</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.25143/aak.2022.015" target="_blank" >10.25143/aak.2022.015</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
The Development of Performance of the Non-life Czech Insurance Market
Popis výsledku v původním jazyce
The aim of this paper is to evaluate the profitability and the expense ratio of the insurance business conducted by commercial insurance companies operating in the Czech insurance market during the period of 2004-2019. The evaluation shall apply computations such as the return on assets (ROA), the ratio of underwriting profit to assets (UPA) and the expense ratio indicator (ER). Calculations shall be performed for non-life insurance. The value of the UPA indicator was stable during the whole period. By contrast, the ROA indicator fluctuated from 2004 to 2011. The ROA indicator stabilized between 2012 and 2017 and then between 2017 and 2019 ROA grew significantly. The value of both of these indicators (ROA, UPA) decreased from 2015 to 2017 and increased from 2017-2018. The operating expense ratio of insurance operations (ER) showed a growth tendency. Comparing the average values of the selected indicators with the Czech market, it was determined that the insurance company Allianz, Česká pojišťovna ZDRAVÍ and PNP Caribas Cardif had achieved best result and was the most efficient.
Název v anglickém jazyce
The Development of Performance of the Non-life Czech Insurance Market
Popis výsledku anglicky
The aim of this paper is to evaluate the profitability and the expense ratio of the insurance business conducted by commercial insurance companies operating in the Czech insurance market during the period of 2004-2019. The evaluation shall apply computations such as the return on assets (ROA), the ratio of underwriting profit to assets (UPA) and the expense ratio indicator (ER). Calculations shall be performed for non-life insurance. The value of the UPA indicator was stable during the whole period. By contrast, the ROA indicator fluctuated from 2004 to 2011. The ROA indicator stabilized between 2012 and 2017 and then between 2017 and 2019 ROA grew significantly. The value of both of these indicators (ROA, UPA) decreased from 2015 to 2017 and increased from 2017-2018. The operating expense ratio of insurance operations (ER) showed a growth tendency. Comparing the average values of the selected indicators with the Czech market, it was determined that the insurance company Allianz, Česká pojišťovna ZDRAVÍ and PNP Caribas Cardif had achieved best result and was the most efficient.
Klasifikace
Druh
J<sub>ost</sub> - Ostatní články v recenzovaných periodicích
CEP obor
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OECD FORD obor
50206 - Finance
Návaznosti výsledku
Projekt
—
Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2022
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Acta academica karviniensia
ISSN
2533-7610
e-ISSN
—
Svazek periodika
2022
Číslo periodika v rámci svazku
2
Stát vydavatele periodika
CZ - Česká republika
Počet stran výsledku
13
Strana od-do
50-62
Kód UT WoS článku
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EID výsledku v databázi Scopus
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