Life Insurance and Reinsurance Industry in the Czech Republic to 2018

on Wednesday, 4 June 2014 include new market research report " Life Insurance and Reinsurance Industry in the Czech Republic to 2018: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Life Insurance in the Czech Republic:

In terms of gross written premium, the Czech Republic has the second-largest life insurance segment in the Central and Eastern European region, after Poland. The country’s economy remained under pressure during the review period (2009–2013), as a result of the global, financial and eurozone debt crises, although there is suggested to be much stability taking place in the economy over the forecast period (2013–2018). During the review period, the Czech life insurance segment grew at a compound annual growth rate (CAGR) of 2.1%. View Full Report with TOC at:

The country’s GDP, at current prices, declined at a CAGR of -3.3% during the review period, resulting in an increase in the penetration of life insurance, from 1.42% in 2009 to 1.59% in 2013. The Czech insurance industry is expected to grow over the forecast period (2013–2018), in the presence of factors such as product innovation by insurers and consumer demand towards individual whole life insurance. Individual whole life products are expected to lead the industry’s growth over the forecast period, and the pension reform is expected to spur the demand in life segment.

Reinsurance in the Czech Republic:

The Czech reinsurance segment recorded significant growth during the review period (2009–2013), at a compound annual growth rate CAGR of 19.5%. The country frequently faces severe weather conditions, such as catastrophic flooding in 2002, heavy snowfall in 2006, windstorm Kyrill in 2007, and flooding in 2010 and in June 2013. As a result, there is high demand for insurance protection against natural disasters, and insurance companies tend to rely on reinsurance services to mitigate their risks, as the high number of natural disasters will therefore benefit the reinsurance segment. View Full Report with TOC at:

This report provides a comprehensive analysis of the reinsurance segment in the Czech Republic:
  • It provides historical values for the Czech Republic’s reinsurance segment for the report’s 2009–2013 review period and forecast figures for the 2013–2018 forecast period.
  • It offers a detailed analysis of the key sub-segments in the Czech Republic’s reinsurance segment, along with market forecasts until 2018.
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in the Czech Republic and its growth prospects.

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Reasons to buy:-
  • Make strategic business decisions using in depth historic and forecast market data related to the Czech life insurance and reinsurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Czech life insurance and reinsurance segment
  • Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Czech insurance industry and its impact on companies and the market's future

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