Detailed Information on Publication Record
2023
Evolution of a Commercial Insurance Company in Trans-Epochal Developments: The Evidence of Czech Insurance
PŘEČKOVÁ, Lenka and Eva VÁVROVÁBasic 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
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50206 Finance
Country of publisher
Ukraine
Confidentiality degree
není předmětem státního či obchodního tajemství
References:
RIV identification code
RIV/47813059:19520/23:A0000414
Organization unit
School of Business Administration in Karvina
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
Změněno: 1/4/2024 15:05, Miroslava Snopková
Abstract
V originále
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.