Personal Accident and Health Insurance in the Czech Republic, Key Trends and Opportunities to 2016


#97411

187pages

Timetric

$ 1950

In Stock

Synopsis

The report provides top-level market analysis, information and insights into the Czech Republic personal accident and health insurance market, including:

  • The Czech Republic personal accident and health insurance markets growth prospects by personal accident and health insurance categories
  • The various distribution channels in the Czech Republic personal accident and health insurance market
  • The competitive landscape in the personal accident and health insurance market in the Czech Republic
  • A description of the personal accident and health reinsurance market in the Czech Republic
Summary

Despite the global financial crisis, the Czech Republic personal accident and health insurance segment continued to record strong levels of growth during the review period. The segment was driven by the countrys steady economic growth, increased health insurance product penetration, growing levels of disposable income and an improved awareness of the benefits of private health insurance. Over the forecast period the segments growth will be supported by the increased participation of private health insurers in the wake of rising healthcare expenditure. Vseobecna zdravotní pojist’ovna Ceské republiky is the leading health insurance company in the Czech Republic. 

Scope

This report provides a comprehensive analysis of the personal accident and health insurance market in the Czech Republic:

  • It provides historical values for the Czech Republic’s personal accident and health insurance market for the report’s 2007-2011 review period and forecast figures for the 2012-2016 forecast period
  • It offers a detailed analysis of the key sub-segments in the Czech Republic’s personal accident and health insurance market, along with market forecasts until 2016
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for personal accident and health insurance products in the Czech Republic
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in the Czech Republic for the personal accident and health insurance business
  • It provides a detailed analysis of the reinsurance market in the Czech Republic and its growth prospects
  • It profiles the top personal accident and health insurance companies in the Czech Republic and outlines the key regulations affecting them

Reasons To Buy

  • Make strategic business decisions using top-level historic and forecast market data related to the Czech Republic personal accident and health insurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Czech Republic personal accident and health insurance market
  • Assess the competitive dynamics in the personal accident and health insurance market, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Czech Republic insurance market and its impact on companies and the market's future

Key Highlights

  • Changing lifestyle patterns and the increased profile of certain diseases has significantly impacted Czech healthcare expenditure. Consequently, a rising number of consumers have voluntarily chosen to purchase private health insurance policies on top of the insurance provided by employers and the government.
  • The Czech government has made health insurance mandatory for everyone who works in the Czech Republic. Because of the country’s enhanced social security system, the number of people opting for private health insurance is less than that in other countries.
  • The focus of insurers has been to customize their products and offer them at competitive prices to capture the private health insurance market which comprises the middle and affluent classes in the Czech Republic.
  • The market contains both large companies with significant segment shares and small companies which remain competitive by offering products at low prices for low profit margins.