IDEAS home Printed from https://ideas.repec.org/a/jbl/ref000/v8y2024i2id1188.html

Evaluation of the impact of the COVID-19 pandemic on the financial health of commercial insurance companies in the Czech Republic

Author

Listed:
  • Lenka Přečková

    (Silesian University in Opava, School of Business Administration in Karvina, Czech Republik)

  • Eva Vávrová

    (Masaryk University, Faculty of Economics and Administration, Brno, Czech Republic)

Abstract

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, have been employed. Because insurance activities in non-life and life insurance differ and show different values of ratio indicators of financial health, insurance companies have been 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 has been monitored. The period from 2016 to 2021 has been selected to determine the impact of the pandemic. The authors have used data from the statistics of the Czech Association of Insurance Companies and annual reports of insurance companies.

Suggested Citation

  • Lenka Přečková & Eva Vávrová, 2024. "Evaluation of the impact of the COVID-19 pandemic on the financial health of commercial insurance companies in the Czech Republic," Research Papers in Economics and Finance, Poznań University of Economics and Business, vol. 8(2), pages 78-90, December.
    • Handle: RePEc:jbl:ref000:v:8:y:2024:i:2:id:1188
    DOI: 10.18559/ref.2024.2.1188
    as

    Download full text from publisher

    File URL: https://journals.ue.poznan.pl/REF/article/view/1188
    File Function: Abstract page
    Download Restriction: no
    File URL: https://journals.ue.poznan.pl/REF/article/download/1188/1007
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.18559/ref.2024.2.1188?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jbl:ref000:v:8:y:2024:i:2:id:1188. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Bogajewska-Szymańska (email available below). General contact details of provider: https://journals.ue.poznan.pl/REF .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.