Zhodnocení změn v dynamice růstu českého pojistného trhu
| Title in English | Evaluation of changes on the insurance market in the Czech Republic |
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| Authors | |
| Year of publication | 2007 |
| Type | Article in Proceedings |
| Conference | Sborník příspěvků z mezinárodní konference Finance a výkonnost firem ve vědě, výuce a praxi. Zlín: Univerzita Tomáše Bati ve Zlíně, 2007. ISBN 978-80-7318-536-7. |
| Citation | |
| Field | Economy |
| Keywords | changes in structure, insurance market, ratio of premiums written to gdp |
| Description | For the Czech insurance industry, it has been 16 years since the passage of the Insurance Act No. 185/1991 Coll., which did away with the monopoly and allowed competition in this financial sector. In the evaluation, I can state that the positives outweigh the negatives. A relatively high pace of growth in total premiums written was achieved and the ratio of premiums written to GDP increased up to 4,1 % in both years, 2003 and 2004. In comparison to EU countries, the Czech insurance market is behind in 2 global indicators: the ratio of premiums written to GDP and the share of life insurance in total premiums written. |