Today: May 25, 2016, 9:18 am

Czech Republic non-life insurance market: Decline of almost -1% CAGR witnessed between 2008-12
Non-Life Insurance in the Czech Republic, Key Trends and Opportunities to 2017 - a new market research report on 2014-04-04 15:43:03
The Czech Republic´s economy remained under pressure during the review period due to the global financial and Eurozone crises. GDP at constant prices fell slightly during the review period, at a CAGR of -0.4%. However, GDP is expected to recover and post a CAGR of 2.8% over the forecast period.

This is expected to increase consumer disposable incomes, which will have a positive impact on the non-life segment. The value of the Czech non-life insurance segment declined at a review-period CAGR of -0.9%. This decline was due to the country´s falling economic growth impacted by the global financial and Eurozone debt crises, and the falling penetration of non-life insurance products. Non-life insurance was the largest segment, accounting for 47.7% of the industry´s written premiums in 2012.

Floods in May and June 2013 prompted the evacuation of almost 20,000 people and cost billions of Czech Koruna. These incidents are expected to encourage the country´s property and casualty insurers to develop their insurance schemes, making them more effective and less expensive. The Czech government is also playing an active role in increasing the cover of insurance schemes.

Click for report details: ..

Browse all Finance and Banking Market Research Reports ..

Browse all Finance and Banking Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 399 Words
Related Articles
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.