Evaluation of the Impact of the COVID-19 Pandemic on the Financial Health of Commercial Insurance Companies in the Czech Republic

PŘEČKOVÁ, Lenka a Eva VÁVROVÁ. Evaluation of the Impact of the COVID-19 Pandemic on the Financial Health of Commercial Insurance Companies in the Czech Republic. In EERIA Annual Conference 2023. 2023.

Základní údaje

Originální název

Evaluation of the Impact of the COVID-19 Pandemic on the Financial Health of Commercial Insurance Companies in the Czech Republic

Název česky

Dopad pandemie Covid-19 na finanční zdraví komerčních pojišťoven v České republice

Autoři

PŘEČKOVÁ, Lenka a Eva VÁVROVÁ

Vydání

EERIA Annual Conference 2023, 2023

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Další údaje

Jazyk

angličtina

Typ výsledku

Prezentace na konferencích

Obor

50206 Finance

Stát vydavatele

Polsko

Utajení

není předmětem státního či obchodního tajemství

Organizační jednotka

Ekonomicko-správní fakulta

Klíčová slova česky

pandemie, komerční pojišťovny, finanční ukazatele

Klíčová slova anglicky

Pandemic, Insurance companies, Financial ratios

Příznaky

Mezinárodní význam, Recenzováno

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Anotace

V originále

This article focuses on assessing the impact of the COVID-19 pandemic on the insurance operations of commercial insurance companies in the Czech Republic. The aim of the article is to determine the impact of the pandemic on the financial health of commercial insurance companies in the Czech Republic. In order to achieve this, ratio indicators suitable for measuring the financial health of commercial insurance companies, such as the growth rate of premium income, cost-effectiveness, profitability, or solvency, shall be employed. Because insurance activities in non-life and life insurance differ and show different values of ratio indicators of financial health, insurance companies shall be divided into two groups: those with a predominance of life insurance and those with a predominance of non-life insurance. The impact of the pandemic on the financial health indicators of individual commercial insurance companies shall be monitored. The period from 2016 to 2021 shall be selected to determine the impact of the pandemic. Data from the statistics of the Czech Association of Insurance Companies and annual reports of insurance companies shall be used.