Current development in life insurance market in Czech Republic
Language: cs
Last modified: 2013-07-31
Abstract
Development in life insurance can be assessed according to various measures. Gross written premium and its structure, profitability and expense ratios belong among the most essential. During the period 2005 – 2009, gross written premium have increased continuously. In terms of the structure, regularly paid premium was dominant despite the increase in single premium in 2009. The profitability of gross written premium is quite volatile depending on the market conditions. Expense ratio is stable, but its structure is changing.
Keywords
life insurance, insurance market, gross written premium, profitability of gross written premium, expense ratio
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