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Life Annuity Insurance Market in Czech Republic 2024-2028

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    Report

  • 127 Pages
  • December 2024
  • Region: Czech Republic
  • TechNavio
  • ID: 5546070
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The life annuity insurance market in czech republic is forecasted to grow by USD 779.2 million during 2023-2028, accelerating at a CAGR of 6.2% during the forecast period. The report on the life annuity insurance market in czech republic provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of life annuity insurance, increasing government regulations on mandatory insurance coverage, and growing geriatric population in czech republic.

The life annuity insurance market in czech republic is segmented as below:

By Type

  • Single premium
  • Regular premium

By Method

  • Normally paid
  • One time paid

By Geographical Landscape

  • Europe
This study identifies the integration of it and analytic solutions as one of the prime reasons driving the life annuity insurance market in czech republic growth during the next few years. Also, emergence of digital marketing platform and increased number of campaigns organized by vendors will lead to sizable demand in the market.

The report on the life annuity insurance market in czech republic covers the following areas:

  • Life Annuity Insurance Market in Czech Republic sizing
  • Life Annuity Insurance Market in Czech Republic forecast
  • Life Annuity Insurance Market in Czech Republic industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading life annuity insurance market in czech republic vendors that include Allianz SE, CSOB Pojistovna, Generali Ceska pojistovna, Kooperativa pojistovna, Massachusetts Mutual Life Insurance Co., Metlife Inc., NN Zivotni pojistovna N.V., Pruco Life Insurance Company, State Farm Mutual Automobile Insurance Co., and UNIQA. Also, the life annuity insurance market in czech republic analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Method
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Czech Republic - Market size and forecast 2023-2028 ($ million)
Data Table on Czech Republic - Market size and forecast 2023-2028 ($ million)
Chart on Czech Republic: Year-over-year growth 2023-2028 (%)
Data Table on Czech Republic: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Life Annuity Insurance Market in Czech Republic 2018 - 2022
Historic Market Size - Data Table on Life Annuity Insurance Market in Czech Republic 2018 - 2022 ($ million)
5.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
5.3 Method segment analysis 2018 - 2022
Historic Market Size - Method Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Life Annuity Insurance Market in Czech Republic
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Single premium - Market size and forecast 2023-2028
Chart on Single premium - Market size and forecast 2023-2028 ($ million)
Data Table on Single premium - Market size and forecast 2023-2028 ($ million)
Chart on Single premium - Year-over-year growth 2023-2028 (%)
Data Table on Single premium - Year-over-year growth 2023-2028 (%)
8.4 Regular premium - Market size and forecast 2023-2028
Chart on Regular premium - Market size and forecast 2023-2028 ($ million)
Data Table on Regular premium - Market size and forecast 2023-2028 ($ million)
Chart on Regular premium - Year-over-year growth 2023-2028 (%)
Data Table on Regular premium - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Method
9.1 Market segments
Chart on Method - Market share 2023-2028 (%)
Data Table on Method - Market share 2023-2028 (%)
9.2 Comparison by Method
Chart on Comparison by Method
Data Table on Comparison by Method
9.3 Normally paid - Market size and forecast 2023-2028
Chart on Normally paid - Market size and forecast 2023-2028 ($ million)
Data Table on Normally paid - Market size and forecast 2023-2028 ($ million)
Chart on Normally paid - Year-over-year growth 2023-2028 (%)
Data Table on Normally paid - Year-over-year growth 2023-2028 (%)
9.4 One time paid - Market size and forecast 2023-2028
Chart on One time paid - Market size and forecast 2023-2028 ($ million)
Data Table on One time paid - Market size and forecast 2023-2028 ($ million)
Chart on One time paid - Year-over-year growth 2023-2028 (%)
Data Table on One time paid - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by Method
Market opportunity by Method ($ million)
Data Table on Market opportunity by Method ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Allianz SE
Allianz SE - Overview
Allianz SE - Business segments
Allianz SE - Key news
Allianz SE - Key offerings
Allianz SE - Segment focus
SWOT
13.5 CSOB Pojistovna
CSOB Pojistovna - Overview
CSOB Pojistovna - Product / Service
CSOB Pojistovna - Key offerings
SWOT
13.6 Generali Ceska pojistovna
Generali Ceska pojistovna - Overview
Generali Ceska pojistovna - Product / Service
Generali Ceska pojistovna - Key offerings
SWOT
13.7 Kooperativa pojistovna
Kooperativa pojistovna - Overview
Kooperativa pojistovna - Product / Service
Kooperativa pojistovna - Key offerings
SWOT
13.8 Massachusetts Mutual Life Insurance Co.
Massachusetts Mutual Life Insurance Co. - Overview
Massachusetts Mutual Life Insurance Co. - Product / Service
Massachusetts Mutual Life Insurance Co. - Key offerings
SWOT
13.9 Metlife Inc.
Metlife Inc. - Overview
Metlife Inc. - Business segments
Metlife Inc. - Key offerings
Metlife Inc. - Segment focus
SWOT
13.10 NN Zivotni pojistovna N.V.
NN Zivotni pojistovna N.V. - Overview
NN Zivotni pojistovna N.V. - Product / Service
NN Zivotni pojistovna N.V. - Key offerings
SWOT
13.11 Pruco Life Insurance Company
Pruco Life Insurance Company - Overview
Pruco Life Insurance Company - Product / Service
Pruco Life Insurance Company - Key offerings
SWOT
13.12 State Farm Mutual Automobile Insurance Co.
State Farm Mutual Automobile Insurance Co. - Overview
State Farm Mutual Automobile Insurance Co. - Product / Service
State Farm Mutual Automobile Insurance Co. - Key offerings
SWOT
13.13 UNIQA
UNIQA - Overview
UNIQA - Product / Service
UNIQA - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Method
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 8: Overview on criticality of inputs and factors of differentiation
Exhibits 9: Overview on factors of disruption
Exhibits 10: Impact of drivers and challenges in 2023 and 2028
Exhibits 11: Parent Market
Exhibits 12: Data Table on - Parent Market
Exhibits 13: Market characteristics analysis
Exhibits 14: Value chain analysis
Exhibits 15: Offerings of companies included in the market definition
Exhibits 16: Market segments
Exhibits 17: Chart on Czech Republic - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Data Table on Czech Republic - Market size and forecast 2023-2028 ($ million)
Exhibits 19: Chart on Czech Republic: Year-over-year growth 2023-2028 (%)
Exhibits 20: Data Table on Czech Republic: Year-over-year growth 2023-2028 (%)
Exhibits 21: Historic Market Size - Data Table on Life Annuity Insurance Market in Czech Republic 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Method Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Type - Market share 2023-2028 (%)
Exhibits 32: Data Table on Type - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Type
Exhibits 34: Data Table on Comparison by Type
Exhibits 35: Chart on Single premium - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Single premium - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Single premium - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Single premium - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Regular premium - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Regular premium - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Regular premium - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Regular premium - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Type ($ million)
Exhibits 44: Data Table on Market opportunity by Type ($ million)
Exhibits 45: Chart on Method - Market share 2023-2028 (%)
Exhibits 46: Data Table on Method - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Method
Exhibits 48: Data Table on Comparison by Method
Exhibits 49: Chart on Normally paid - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Normally paid - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Normally paid - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Normally paid - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on One time paid - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on One time paid - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on One time paid - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on One time paid - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Method ($ million)
Exhibits 58: Data Table on Market opportunity by Method ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Company ranking index
Exhibits 66: Matrix on companies position and classification
Exhibits 67: Allianz SE - Overview
Exhibits 68: Allianz SE - Business segments
Exhibits 69: Allianz SE - Key news
Exhibits 70: Allianz SE - Key offerings
Exhibits 71: Allianz SE - Segment focus
Exhibits 72: SWOT
Exhibits 73: CSOB Pojistovna - Overview
Exhibits 74: CSOB Pojistovna - Product / Service
Exhibits 75: CSOB Pojistovna - Key offerings
Exhibits 76: SWOT
Exhibits 77: Generali Ceska pojistovna - Overview
Exhibits 78: Generali Ceska pojistovna - Product / Service
Exhibits 79: Generali Ceska pojistovna - Key offerings
Exhibits 80: SWOT
Exhibits 81: Kooperativa pojistovna - Overview
Exhibits 82: Kooperativa pojistovna - Product / Service
Exhibits 83: Kooperativa pojistovna - Key offerings
Exhibits 84: SWOT
Exhibits 85: Massachusetts Mutual Life Insurance Co. - Overview
Exhibits 86: Massachusetts Mutual Life Insurance Co. - Product / Service
Exhibits 87: Massachusetts Mutual Life Insurance Co. - Key offerings
Exhibits 88: SWOT
Exhibits 89: Metlife Inc. - Overview
Exhibits 90: Metlife Inc. - Business segments
Exhibits 91: Metlife Inc. - Key offerings
Exhibits 92: Metlife Inc. - Segment focus
Exhibits 93: SWOT
Exhibits 94: NN Zivotni pojistovna N.V. - Overview
Exhibits 95: NN Zivotni pojistovna N.V. - Product / Service
Exhibits 96: NN Zivotni pojistovna N.V. - Key offerings
Exhibits 97: SWOT
Exhibits 98: Pruco Life Insurance Company - Overview
Exhibits 99: Pruco Life Insurance Company - Product / Service
Exhibits 100: Pruco Life Insurance Company - Key offerings
Exhibits 101: SWOT
Exhibits 102: State Farm Mutual Automobile Insurance Co. - Overview
Exhibits 103: State Farm Mutual Automobile Insurance Co. - Product / Service
Exhibits 104: State Farm Mutual Automobile Insurance Co. - Key offerings
Exhibits 105: SWOT
Exhibits 106: UNIQA - Overview
Exhibits 107: UNIQA - Product / Service
Exhibits 108: UNIQA - Key offerings
Exhibits 109: SWOT
Exhibits 110: Inclusions checklist
Exhibits 111: Exclusions checklist
Exhibits 112: Currency conversion rates for US$
Exhibits 113: Research methodology
Exhibits 114: Information sources
Exhibits 115: Data validation
Exhibits 116: Validation techniques employed for market sizing
Exhibits 117: Data synthesis
Exhibits 118: 360 degree market analysis
Exhibits 119: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the life annuity insurance market in czech republic: Allianz SE, CSOB Pojistovna, Generali Ceska pojistovna, Kooperativa pojistovna, Massachusetts Mutual Life Insurance Co., Metlife Inc., NN Zivotni pojistovna N.V., Pruco Life Insurance Company, State Farm Mutual Automobile Insurance Co., and UNIQA.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of it and analytic solutions."

According to the report, one of the major drivers for this market is the increasing adoption of life annuity insurance.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Allianz SE
  • CSOB Pojistovna
  • Generali Ceska pojistovna
  • Kooperativa pojistovna
  • Massachusetts Mutual Life Insurance Co.
  • Metlife Inc.
  • NN Zivotni pojistovna N.V.
  • Pruco Life Insurance Company
  • State Farm Mutual Automobile Insurance Co.
  • UNIQA