Detailed Information on Publication Record

PŘEČKOVÁ, Lenka and Eva VÁVROVÁ. Evolution of a Commercial Insurance Company in Trans-Epochal Developments: The Evidence of Czech Insurance. Insurance Markets and Companies. 2023, vol. 14, No 1, p. 35-45. ISSN 2616-3551. Available from: https://dx.doi.org/10.21511/ins.14(1).2023.04.

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Basic information
Original name	Evolution of a Commercial Insurance Company in Trans-Epochal Developments: The Evidence of Czech Insurance
Authors	PŘEČKOVÁ, Lenka (203 Czech Republic, belonging to the institution) and Eva VÁVROVÁ (203 Czech Republic, guarantor).
Edition	Insurance Markets and Companies, 2023, 2616-3551.

Other information
Original language	English
Type of outcome	Article in a journal
Field of Study	50206 Finance
Country of publisher	Ukraine
Confidentiality degree	is not subject to a state or trade secret
WWW	URL
RIV identification code	RIV/47813059:19520/23:A0000414
Organization unit	School of Business Administration in Karvina
Doi	http://dx.doi.org/10.21511/ins.14(1).2023.04
Keywords (in Czech)	pojišťovny;trh;monopoly;ekonomická transformace;životní/neživotní pojištění
Keywords in English	insurance company; market; monopoly; economic transformation; life/non-life insurance
Tags	International impact, Reviewed
Changed by	Changed by: Miroslava Snopková, učo 43819. Changed: 1/4/2024 15:05.

Abstract
This paper aims to analyze the evolution of the leading commercial insurance company Česká pojišťovna on the Czech insurance market in the years 1947–2021. Its evolution was closely linked to the processes of building socialism in the 1950s and the federalization of Czechoslovakia at the end of the 1960s. The paper uses qualitative research methods, methods of description and comparison, as well as local micro-historical analyses shall be applied. The main features of insurance products in the period of the totalitarian regime are characterized. Both the economic transformation in the 1990s and globalization in the last decades have had a radical effect on the further development of the analyzed company Česká pojišťovna. In the period after 1989, the development is marked by a focus on changes in the shareholder structure of the analyzed insurance company, and the development of its market share is shown. As a result of demonopolization, new companies could emerge, creating a competitive environment. The leading commercial insurance company Česká pojišťovna’s market share gradually began to decline.

Abstract

This paper aims to analyze the evolution of the leading commercial insurance company Česká pojišťovna on the Czech insurance market in the years 1947–2021. Its evolution was closely linked to the processes of building socialism in the 1950s and the federalization of Czechoslovakia at the end of the 1960s. The paper uses qualitative research methods, methods of description and comparison, as well as local micro-historical analyses shall be applied. The main features of insurance products in the period of the totalitarian regime are characterized. Both the economic transformation in the 1990s and globalization in the last decades have had a radical effect on the further development of the analyzed company Česká pojišťovna. In the period after 1989, the development is marked by a focus on changes in the shareholder structure of the analyzed insurance company, and the development of its market share is shown. As a result of demonopolization, new companies could emerge, creating a competitive environment. The leading commercial insurance company Česká pojišťovna’s market share gradually began to decline.