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Synopsis
Timetric's 'Reinsurance in the Czech Republic, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Czech reinsurance segment.
It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2010-2014) and forecast period (2014-2019).
The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Czech economy and demographics and provides detailed analysis of natural hazards and its impact on the Czech insurance industry.
The report brings together Timetric's research, modeling, and analysis expertise, enabling reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.
Summary
Timetric's 'Reinsurance in the Czech Republic, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Czech reinsurance segment, including:
The Czech reinsurance segment's growth prospects by reinsurance ceded from direct insurance
A comprehensive overview of the Czech economy and demographics
The detailed analysis on natural hazards and its impact on the Czech insurance industry
The competitive landscape in the Czech reinsurance segment
Scope
This report provides a comprehensive analysis of the reinsurance segment in the Czech Republic:
It provides historical values for the Czech reinsurance segment for the report's 2010-2014 review period, and projected figures for the 2014-2019 forecast period.
It offers a detailed analysis of the key categories in the Czech reinsurance segment, along with market forecasts until 2019.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in the Czech Republic and its growth prospects.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Czech reinsurance segment and each sector within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Czech reinsurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Czech insurance industry, and their impact on companies and the industry's future.
Key Highlights
The Czech reinsurance segment grew significantly during the review period, at a CAGR of 13.7%.
There is high demand for cover against natural disasters, and insurers tend to rely on reinsurance to mitigate losses.
With the implementation of Solvency II, regulatory changes by the European Union (EU) Commission and CNB are expected to increase insurers' minimum stipulated capital requirements over the forecast period. This will lead to increased dependency on reinsurance to reduce insurers' exposure to risk.
Overall insurance industry growth is expected to support the reinsurance segment over the forecast period.