Czech Republic Life Insurance Market to 2027

November 2023 | 41 pages | ID: CE3E3ADCD986EN
MarketLine

Abstracts

Czech Republic Life Insurance Market to 2027

Summary

Life Insurance in the Czech Republic industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The market is segmented into Life Insurance and Pension/Annuity.
• The Czech life insurance market had total gross written premiums of $2.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 1.3% between 2017 and 2022.
• The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $2.1 billion, equivalent to 92.6% of the market's overall value.
• In 2022, the Czech life insurance market witnessed an annual growth of 5% due to the increase in the number of active life insurance policies, which reached 5,744, up 3.4% over 2021 (according to in-house research).

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in the Czech Republic
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in the Czech Republic
• Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Czech Republic life insurance market with five year forecasts

Reasons to Buy

• What was the size of the Czech Republic life insurance market by value in 2022?
• What will be the size of the Czech Republic life insurance market in 2027?
• What factors are affecting the strength of competition in the Czech Republic life insurance market?
• How has the market performed over the last five years?
• What are the main segments that make up the Czech Republic's life insurance market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of the leading players?

8 COMPANY PROFILES

8.1. Generali Ceska Pojistovna as
8.2. Kooperativa pojistovna AS
8.3. CSOB Insurance Company Inc
8.4. NN Group NV

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Czech Republic life insurance market value: $ billion, 2017–22
Table 2: Czech Republic life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Czech Republic life insurance market category segmentation: $ billion, 2017-2022
Table 4: Czech Republic life insurance market geography segmentation: $ billion, 2022
Table 5: Czech Republic life insurance market value forecast: $ billion, 2022–27
Table 6: Czech Republic life insurance market share: % share, by value, 2022
Table 7: Generali Ceska Pojistovna as: key facts
Table 8: Generali Ceska Pojistovna as: Key Employees
Table 9: Kooperativa pojistovna AS: key facts
Table 10: Kooperativa pojistovna AS: Key Employees
Table 11: CSOB Insurance Company Inc: key facts
Table 12: CSOB Insurance Company Inc: Key Employees
Table 13: NN Group NV: key facts
Table 14: NN Group NV: Annual Financial Ratios
Table 15: NN Group NV: Key Employees
Table 16: Czech Republic size of population (million), 2018–22
Table 17: Czech Republic gdp (constant 2005 prices, $ billion), 2018–22
Table 18: Czech Republic gdp (current prices, $ billion), 2018–22
Table 19: Czech Republic inflation, 2018–22
Table 20: Czech Republic consumer price index (absolute), 2018–22
Table 21: Czech Republic exchange rate, 2018–22

List Of Figures

LIST OF FIGURES

Figure 1: Czech Republic life insurance market value: $ billion, 2017–22
Figure 2: Czech Republic life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Czech Republic life insurance market geography segmentation: % share, by value, 2022
Figure 4: Czech Republic life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in the Czech Republic, 2022
Figure 6: Drivers of buyer power in the life insurance market in the Czech Republic, 2022
Figure 7: Drivers of supplier power in the life insurance market in the Czech Republic, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in the Czech Republic, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in the Czech Republic, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in the Czech Republic, 2022
Figure 11: Czech Republic life insurance market share: % share, by value, 2022