Specifics of the Development of the Czech Insurance Market

Authors

NEČAS Svatopluk VÁVROVÁ Eva

Year of publication 2019
Type Appeared in Conference without Proceedings
MU Faculty or unit

Faculty of Economics and Administration

Citation
Description In 2019, thirty years will lapse from the beginning of a transformation from centrally planned to market economy in the Czech Republic. Although the transformation of the insurance industry started two years later, it seems to be appropriate after certain period to consider the level of the Czech insurance market, its strengths, weaknesses, opportunities and threats. The aim of this paper is to recapitulate the recent development of the insurance market in the Czech Republic since 1991, to highlight its milestones and the main events that accompanied the development, based on selected indicators specifically used to describe the insurance industry. The methods of description, analysis and comparison have been used.

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