Czech Republic insurance market had a market capitalisation of EUR 18.6 billion total assets in 2023; figures based on EIOPA figures of firms subject to Solvency II.
The number of solo entities has remained consistent at around 22 since 2021.
Solvency ratios in 2024 range from 346% (HALALI, všeobecná pojišťovna,a.s. SFCR) to 50% (Exportní garanční a pojišťovací společnost, a.s. SFCR).
The latter reported SCR ratios below 100% since figures began in 2016, albeit they continue to rise gradually (from 25% in 2016).
Solvency II ratio have remained relatively stable in the Czech insurance market. Most SCR ratios and MCR ratios were lower in 2024, relative to last year.
One company Vitalitas pojišťovna, a.s. reported a large drop in its SCR ratio. The company is unique as it MCR ratio is lower than the SCR ratio.
Marine, aviation and transport insurance, gross direct business Czech Republic 2016 – 2024
In 2024 the Czech insurance market wrote EUR 44 million gross direct business of marine, aviation and transport insurance.
The lion’s share of the business was written by Generali Česká pojišťovna a.s.., which according to figures published in its 2024 SFCR topped EUR 18.5 million.
Weekly Lunchtime Webinar Series: 2024 SFCRs weekly reporting update
Wednesdays throughout June 2025, 12.00 UK / 13.00 CET
A weekly update on the state of the Solvency II and Solvency UK 2024 SFCR reports, including early market analysis from Solvency II Wire Data.
