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Market Guide: Life Insurance and PensionsMarket Guide: Life Insurance and Pensions in the Czech
Date Added: May 16, 2008 05:02:16 AM
Author: Bharatbook
Category: Games: News & Reviews
This report is most appropriate for companies looking for an overview of the life insurance and pensions markets in order to assess the level of market opportunity (using our market data and forecasts), regulatory barriers and opportunities, and level of competition in the market. For more detailed market data please refer to European Life and Pensions Interactive Database Scope of this report Presents competitor market data for life insurance and pensions companies; Assesses regulatory barriers and opportunities; 5 years historic data from 2001-5 and 5 year forecast to 2010. Research and analysis highlights Act No. 38/2004 Coll. established the conditions for the pursuit of the activities of insurance intermediaries and independent loss adjusters and the conditions for operating under the EU right of establishment and the freedom to provide services. It also created the register of insurance intermediaries and loss adjustors. In recent years, the insurance market in the Czech Republic has attracted a growing number of foreign providers. As at December 2005, 328 insurance undertakings and branches of insurance undertakings from other EU or EEA Member States had given notification of an intention to offer services, an increase of 141 over the previous year. During 2005, large domestic banks accounted for roughly 37% of the private pensions market and close to 6% of the life insurance market. The five largest life insurers controlled roughly 74% of their market. Key reasons to read this report Get an overview of the life and pensions market, including past growth and forecast growth; Assess regulatory barriers and opportunities affecting life insurance and pensions in this country; Analyze competition from life insurance companies. For more information kindly visit our website : http://www.bharatbook.com/detail.asp?id=50568

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