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Czech Republic Insurance Report Q2 2011
Business Monitor International, Feb 2011, Pages: 71
The Czech Republic Insurance Report provides industry professionals and strategists, corporate analysts, insurance associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Czech Republic's insurance industry.
Issues To Watch:
Contagion In Bond Markets:
The resilience of the Czech Republic’s economy and insurance companies was reflected in the performance of both, but volatility in bond markets elsewhere in Central and Eastern Europe, which affects perceptions of Czech bonds, could continue to be a challenge.
Pricing:
Some Czech insurers appear to be increasing their prices and profitability, even as the number of policies is declining.
Surging Sales In Life Products:
The development of the life segment through 2010 appears to have been driven by the sale of single premium products through bank linked life companies.
Consolidation Among Smaller Players:
In the non-life and the life segments there are smaller players whose parents are not necessarily committed in the long-term to a stagnant market in which they are losing market share. Profitability may also be approaching a cyclical peak.
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