Detailed Information on Publication Record
2023
Financial Stability of the Czech Insurance Companies
PŘEČKOVÁ, Lenka and Iveta PALEČKOVÁBasic information
Original name
Financial Stability of the Czech Insurance Companies
Name in Czech
Finanční stabilita pojišťoven v České republice
Authors
PŘEČKOVÁ, Lenka (203 Czech Republic, guarantor, belonging to the institution) and Iveta PALEČKOVÁ (203 Czech Republic, belonging to the institution)
Edition
Ekonomický časopis, 2023, 2729-7470
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50206 Finance
Country of publisher
Slovakia
Confidentiality degree
není předmětem státního či obchodního tajemství
References:
RIV identification code
RIV/47813059:19520/23:A0000390
Organization unit
School of Business Administration in Karvina
UT WoS
001009689100001
Keywords (in Czech)
Finanční stabilita pojišťoven; neživotní pojištění; životní pojištění; agregovaný index; tržní podíl.
Keywords in English
Financial stability of insurance company; non-life insurance; life insurance; summary index; market share.
Tags
International impact, Reviewed
Změněno: 1/4/2024 18:03, Miroslava Snopková
Abstract
V originále
Financial stability has become an important topic, especially in recent years. However, there is no consistent approach for measuring the financial stability of insurance companies. The aim of this paper is to assess the financial stability of insurance companies in the Czech insurance market using the financial stability summary index. We construct and applied the financial stability index separately for insurance companies that predominantly provide life insurance and non-life insurance. The financial stability index focuses on five areas. The results show that insurance companies specialised in a particular non-life insurance product are more financially stable. The research suggests that the evolution of insurance companies has been influenced by organisational changes and economic changes. During the period 2004-2019, the examined insurance companies did not show any problems in terms of financial stability.