IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-032-20143-0_5.html

Does Investment Life Insurance Have a Future in the Czech Insurance Market?

Author

Listed:
  • Petr Pecina

    (Prague University of Economics and Business, Department of Financial Accounting and Auditing)

  • Eva Ducháčková

    (Prague University of Economics and Business, Department of Financial Accounting and Auditing)

Abstract

The paper examines the development of financial performance of Czech subsidiaries under the control of EU-listed companies during the period 2009–2014. Summary statistics of individual corporate data indicate that both the domicile of the parent and the Life insurance products have undergone dynamic changes in recent years. Capital life insurance has gradually been replaced by investment life insurance, which was popular at the time. Both types represent reserve-forming insurance, which is tax-advantaged as a retirement savings product. However, reserve-forming life insurance is subject to strict regulation, and its sales significantly declined after the 2018 regulatory changes. In recent years, the life insurance market has shifted toward risk life insurance, while other financial instruments are used for long-term savings. Despite this, tax support for investment life insurance remains in place. This raises the question of whether the sale of investment life insurance will gradually disappear or whether efforts should be made to maintain reserve-forming insurance in the market.

Suggested Citation

  • Petr Pecina & Eva Ducháčková, 2026. "Does Investment Life Insurance Have a Future in the Czech Insurance Market?," Springer Proceedings in Business and Economics,, Springer.
    • Handle: RePEc:spr:prbchp:978-3-032-20143-0_5
    DOI: 10.1007/978-3-032-20143-0_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    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:spr:prbchp:978-3-032-20143-0_5. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.