Czech Republic insurance market
The Czech insurance market is one of the largest in Central and Eastern Europe and is supervised by the Czech National Bank (CNB) as the single integrated financial market regulator. According to CNB's 2025 financial market supervision report, gross written premiums reached CZK 246.9 billion at the end of 2025, up 7.6% year-on-year, with non-life insurance (up 8% to CZK 175.3 billion) continuing to outpace life insurance (up 6.6% to CZK 71.6 billion), pushing the non-life share of the market to around 71%. Growth remains driven by motor and property lines against a backdrop of persistent claims inflation and increasingly frequent natural catastrophe losses, following the record insured losses from the September 2024 floods (storm Boris) which pushed total claims costs up 27.7% to CZK 138.4 billion in 2024. Life insurance remains a smaller but recovering segment after years of weak unit-linked sales. The market remains concentrated around a handful of large groups, chiefly Generali Ceska pojistovna, Vienna Insurance Group's Kooperativa and Ceska podnikatelska pojistovna (CPP), Allianz and CSOB Pojistovna. At the end of 2025 CNB supervised 21 domestic insurers and one reinsurer (down from 23 domestic insurers a year earlier), plus 19 branches of insurers from other EEA states. Insurance penetration stands at around 2.9% of GDP, slightly below the Western European average.
Country market
Available products
Market overview
Market numbers
Total premiums
CZK 246.9 billion
Annual growth
Insurance penetration
2.9%
Active insurers
21
Population
10,915,839
Registered vehicles
9,072,729
Total premiums (CZK bn)
- 2025246.9 CZK bn
- 2024229.5 CZK bn
- 2023212.7 CZK bn
- 2022200.1 CZK bn
- 2021179.8 CZK bn
2021 — 179.8 CZK bn
2022 — 200.1 CZK bn
2023 — 212.7 CZK bn
2024 — 229.5 CZK bn
2025 — 246.9 CZK bn
Annual growth (%)
Non-life share / Life share
Non-life share
71.0%Life share
29.0%Insurance penetration (%)
Market data by year
Gross written premium 2025 (CZK bn)
- Kooperativa pojišťovna, a.s., Vienna Insurance Group56.9 CZK bn
- Generali Česká pojišťovna, a.s.46 CZK bn
- Allianz pojišťovna, a.s.23.3 CZK bn
- ČSOB Pojišťovna, a.s., člen holdingu ČSOB19 CZK bnCZK 19bn (CAP methodology)
- Česká podnikatelská pojišťovna, a.s., Vienna Insurance Group17.3 CZK bn
Kooperativa pojišťovna, a.s., Vienna Insurance Group — 56.9 CZK bn
Generali Česká pojišťovna, a.s. — 46 CZK bn
Allianz pojišťovna, a.s. — 23.3 CZK bn
ČSOB Pojišťovna, a.s., člen holdingu ČSOB — 19 CZK bn
CZK 19bn (CAP methodology)
Česká podnikatelská pojišťovna, a.s., Vienna Insurance Group — 17.3 CZK bn
Market share 2025
Kooperativa pojišťovna, a.s., Vienna Insurance Group
25.2%Generali Česká pojišťovna, a.s.
23.0%Allianz pojišťovna, a.s.
10.3%ČSOB Pojišťovna, a.s., člen holdingu ČSOB
9.5%Česká podnikatelská pojišťovna, a.s., Vienna Insurance Group
8.7%Insurer directory
Active insurers
Insurers currently active in Czech Republic.
Kooperativa pojišťovna, a.s., Vienna Insurance Group
Vienna Insurance Group (Austria)
CZK 56.91bn
Generali Česká pojišťovna, a.s.
Assicurazioni Generali (Italy)
CZK 46bn
Allianz pojišťovna, a.s.
Ke Štvanici 656/3, 186 00 Prague 8, Czech Republic
Allianz pojišťovna, a.s. is one of the leading insurers in the Czech Republic, offering property and liability insurance, life insurance, travel insurance, financial products, pension savings and motor insurance (MTPL and CASCO), and is part of the global Allianz Group.
CZK 23.277bn
ČSOB Pojišťovna, a.s., člen holdingu ČSOB
KBC Group (Belgium)
CZK 19bn
Česká podnikatelská pojišťovna, a.s., Vienna Insurance Group
Pobřežní 665/23, Karlín, Prague 8, Czech Republic
Česká podnikatelská pojišťovna (ČPP) is a universal Czech insurer offering both life and non-life insurance products for individuals and businesses, active on the Czech market since 1995 and a member of Vienna Insurance Group since 2005.
CZK 17.288bn
UNIQA pojišťovna, a.s.
Prague, Czech Republic
UNIQA pojišťovna, a.s. is a universal insurance company based in Prague, offering a full range of life and non-life insurance for individuals and businesses; it is a subsidiary of the Austrian UNIQA Insurance Group and ranks among the top ten insurers in the Czech Republic.
CZK 14.8bn
Komerční pojišťovna, a.s.
náměstí Junkových 2772/1, Stodůlky, Prague 5, Czechia
Komerční pojišťovna, a.s. (KB Pojišťovna) is a universal insurer operating on the Czech market, offering a broad portfolio from risk and investment life insurance to property, travel, payment card and loan-protection insurance.
CZK 7.5bn
Maxima pojišťovna, a.s.
Independent (Czech Republic)
CZK 1.84bn
Pojišťovna VZP, a.s.
Lazarská 1718/3, 110 00 Prague 1, Czech Republic
Pojišťovna VZP, a.s. (PVZP) is a universal non-life insurer and a subsidiary of Všeobecná zdravotní pojišťovna České republiky (VZP ČR). It became an independent company in 2004 after previously operating as part of VZP ČR since 1994, and today it is described as the largest retail seller of travel insurance and market leader in health insurance for foreigners in the Czech Republic.
CZK 1.77bn
ERGO Cestovní Pojišťovna, a.s. (dříve ERV Evropská pojišťovna, a.s.)
Prague (Karlín), Czech Republic
ERGO Cestovní Pojišťovna is a specialized travel insurer that has operated as an independent insurer on the Czech market since 1993 (with roots dating to 1920). It is a wholly owned subsidiary of the German insurer ERGO Reiseversicherung AG, part of ERGO Group AG within the Munich Re financial group, and is the only company on the Czech market focused exclusively on travel insurance.
Market notes
Important news
Sep 20, 2026
ČNB proposes CZK 6 million fine against Pojišťovna VZP over unsustainable motor-liability pricing
Under preliminary, non-final ČNB conclusions, Pojišťovna VZP priced its compulsory motor-liability insurance on unrealistic figures and lacked a functioning internal control system and regular risk analyses, among five breaches of the Insurance Act; the proposed CZK 6 million fine is unusually high for a commercial insurer and the findings contributed to the removal of the insurer's former CEO.
Why it matters
Highlights ČNB's growing supervisory focus on pricing adequacy and governance controls in motor liability insurance, showing that supervisory findings can trigger management changes even before a fine becomes final.
Jun 25, 2026
ČNB supervisory report: CZK 8.5 million in fines imposed on major insurers in 2025
ČNB's 2025 financial-market supervision report confirmed final fines totalling CZK 8.5 million against major insurers for procedural shortcomings, including Allianz pojišťovna and Slavia pojišťovna, and noted that the number of domestic insurers under supervision fell by two to 21 by year-end.
Why it matters
Confirms intensified regulatory enforcement on fair communication and consumer protection standards across the insurance sector in 2025.
Mar 11, 2026
Slavia pojišťovna hit by cyberattack affecting claims-handling data
Slavia pojišťovna became a target of an international hacker group; about 22 GB of compromised data related to claims handling affected only a small fraction of clients, and the insurer reported the incident to regulators in compliance with DORA and GDPR requirements.
Why it matters
Highlights growing cyber-resilience risk in the Czech insurance sector and the practical application of the EU's DORA regulation to insurers.
Feb 11, 2026
RENOMIA's FINVOX acquires broker Quatro finance
FINVOX, a retail insurance and financial-services distributor within the RENOMIA GROUP, became the sole shareholder of Quatro finance, a nearly 20-year-old intermediary with about 40 tied agents strong in Prague, northern Bohemia and southern Moravia.
Why it matters
Reflects ongoing consolidation among independent retail insurance intermediaries as smaller regional brokers join larger distribution groups.
Regulation
Regulation
CNB (CNB)
Czech National Bank
Sole integrated financial market supervisor in the Czech Republic. Licenses insurers, reinsurers and intermediaries, conducts prudential (Solvency II) and conduct-of-business supervision, maintains the public REGIS register of authorised entities, and can impose fines, suspend activities or revoke licences. At end-2025 it supervised 21 domestic insurers, one reinsurer and 19 EEA-insurer branches.
https://www.cnb.czCKP / CIB
Czech Insurance Bureau
Statutory body administering the motor third-party liability guarantee fund (compensating victims of accidents caused by uninsured or unidentified vehicles), operating the national online insurance-verification system and green card / cross-border claims settlement system, and acting as the national bureau within the EU MTPL framework.
https://www.ckp.czCAP
Czech Insurance Association
Professional association whose members' supervisory reports underpin its regular market statistics; publishes quarterly and annual market data, promotes industry cooperation, and represents members' interests domestically and at Insurance Europe. For 2025 CAP members reported total premium of CZK 226.1 billion (+7.8%), split into CZK 61.1 billion life (+5.9%) and CZK 165.0 billion non-life (+8.5%), and claims costs of CZK 113.85 billion.
https://www.cap.czMF CR
Ministry of Finance of the Czech Republic
Responsible for insurance-related legislative policy, including motor third-party liability rules and implementing decrees, and for notifying certain insurance-related information to the European Commission.
https://www.mfcr.czKey legislation
Key legislation
Act No. 277/2009 Coll., on Insurance (zakon o pojistovnictvi)
Insurance and Reinsurance Business Act
Main legal framework transposing EU insurance directives (including Solvency II); sets licensing conditions for insurers and reinsurers, governs cross-border activity of EU/EEA insurers and third-country insurers, and establishes the CNB's supervisory powers and enforcement tools.
Act No. 30/2024 Coll.
Motor Third-Party Liability Insurance Act
Replaced Act No. 168/1999 Coll. and implemented the recast EU Motor Insurance Directive; published in the Collection of Laws on 13 February 2024 with most provisions effective from 1 April 2024. Raised minimum MTPL coverage limits to CZK 50 million per claim for both bodily injury and property damage, shifted the insurance obligation from the vehicle owner to the vehicle operator, extended the duty to insure to certain e-scooters and other non-registered vehicles, and replaced the paper green card with an online insurance-verification database from 1 October 2024.
Act No. 170/2018 Coll., on Distribution of Insurance and Reinsurance
Insurance Distribution Act
Transposes the EU Insurance Distribution Directive (IDD); regulates registration and conduct requirements for insurance intermediaries (agents and brokers), product oversight and governance rules, and pre-contractual information obligations toward policyholders. A 2024 amendment (No. 396/2024 Coll.), following the 2022 CJEU ruling in Medical Air Ambulance Agency, brought policyholders offering paid access to group insurance under CNB registration and IDD conduct rules from July 2025.
Act No. 89/2012 Coll., Civil Code
Civil Code - insurance contract provisions
Contains the general private-law framework governing insurance contracts, including formation, rights and obligations of policyholders and insurers, and rules on indemnification.
EU cross-border access
EU cross-border insurers
Inter Partner Assistance SA
Freedom of Services
Home country: Belgium
Supervisor: National Bank of Belgium (NBB)
Part of AXA Group; sells travel assistance and travel insurance to Czech consumers via freedom of services, distributed mainly through brokers and card/travel-agency partners.
HDI Global SE
Freedom of Services
Home country: Germany
Supervisor: BaFin (Germany)
Part of Talanx Group; underwrites large industrial and commercial risks for Czech corporate clients on a cross-border basis.
STARR Europe Insurance Limited
Freedom of Services
Home country: Malta
Supervisor: Malta Financial Services Authority (MFSA)
Specialty commercial lines insurer distributing into the Czech market via brokers without a local branch.
Fortegra Europe Insurance Company DAC
Freedom of Services
Home country: Ireland
Supervisor: Central Bank of Ireland
Provides warranty, GAP and payment/credit protection products distributed via retail and motor-dealer partners in the Czech Republic.
Europ Assistance S.A.
Freedom of Services
Home country: France
Supervisor: ACPR (France)
Part of Generali Group; provides travel and assistance insurance products to Czech consumers, often bundled with travel agencies and card issuers.
COFACE (Compagnie Française d'Assurance pour le Commerce Extérieur)
Freedom of Establishment/Services
Home country: France
Supervisor: ACPR (France)
Trade credit insurer serving Czech corporate clients; operates without a separately branded local subsidiary in the retail ranking.
Distribution channels
Share by channel- 30%Insurance Brokers
- RENOMIA
- INSIA
- GrECo
- Marsh Czech Republic
- AON
- 25%Tied Agents / Exclusive Sales Networks
- FinGO.cz
- OK GROUP
- Broker Consulting
- Kmenoví zástupci Allianz, Generali Česká pojišťovna
- 20%Bancassurance
- Kooperativa (Česká spořitelna)
- ČSOB Pojišťovna (ČSOB)
- Komerční pojišťovna (KB)
- 15%Direct SalesInsurer Employees / Branches
- Generali Česká pojišťovna
- Kooperativa
- ČSOB Pojišťovna
- 10%Digital / Online Direct
- Direct pojišťovna
- Simplea pojišťovna
- Slavia pojišťovna online
Some companies appear in more than one channel.
Consumer rights
How to file a complaint- 1
Submit a written complaint directly to the insurer at its registered office; complaints are handled in writing unless another form is agreed.
- 2
If unsatisfied, notify the Czech National Bank (ČNB), which supervises financial institutions and can consider the complaint in its supervisory activity, though it does not resolve individual private-law disputes.
- 3
For life insurance disputes, file a free complaint with the Financial Arbitrator (finanční arbitr); for non-life insurance disputes, use the Czech Trade Inspection Authority (ČOI) or the Office of the Ombudsman of the Czech Insurance Association (KO ČAP).
- 4
As a last resort, or in parallel, file a civil lawsuit with the competent court.
EU cross-border access
EU cross-border access
As an EU/EEA member, Czech insurance law allows insurers licensed in any EEA state to operate in the Czech Republic either by establishing a branch or by providing services on a cross-border basis under the single European passport, supervised primarily by their home-state regulator with limited ČNB oversight.
EU Directive 2009/138/EC (Solvency II); Act No. 277/2009 Coll. on Insurance (zákon o pojišťovnictví); Act No. 170/2018 Coll. on Insurance and Reinsurance Distribution (implementing IDD)
freedom of establishment
An EEA insurer may set up a branch in the Czech Republic after notification by its home supervisor to the ČNB; establishment is assessed based on the duration, frequency, regularity and continuity of the activity.
freedom of services
An EEA insurer may offer insurance temporarily in the Czech Republic without a branch, based on a notification of free movement of services approved by its home supervisor after consultation with ČNB.
Market history
Market history
1991-1993
End of the State Insurance Monopoly
Act No. 185/1991 Coll. abolished the decades-long monopoly of the state-owned Česká státní pojišťovna, opening the market to competition; Kooperativa was founded in 1991 as the first competing insurer.
1994-2000
Rapid Market Expansion and Privatization
Following demonopolization, the number of licensed insurers grew rapidly, with about 42 additional insurers established by the end of 1999, and Česká pojišťovna was privatized into a joint-stock company.
2001-2014
Foreign Capital Entry and Rise of Bancassurance
International groups such as Generali, RSA, and AXA entered or expanded in the market; PPF gradually transferred its stake in Česká pojišťovna to Generali, while bancassurance grew rapidly as a distribution channel for life products.
2015-2021
Consolidation and IDD Regulatory Overhaul
Generali fully acquired Česká pojišťovna in 2015; the two companies merged their portfolios by the end of 2019 to form Generali Česká pojišťovna, while Act No. 170/2018 Coll. transposed the EU Insurance Distribution Directive (IDD), reforming intermediary categories.
2022-2026
Digitalization, Cyber Resilience and Continued Consolidation
The market saw continued growth driven mainly by premium increases, a new motor-liability act (No. 30/2024 Coll.) raising minimum cover limits, implementation of DORA cyber-resilience rules, a flotila amendment tightening fleet-insurance distribution, and further M&A activity including the Generali-D.A.S. legal protection deal.
Glossary
Glossary
cs
pojistné
The amount paid by the policyholder to the insurer in exchange for insurance coverage.
cs
pojistník
The person who enters into the insurance contract and is obliged to pay the premium.
cs
pojištěný
The person whose life, health, property or liability is covered by the insurance contract.
cs
pojistitel
The licensed company that provides insurance coverage and pays claims under the contract.
cs
pojistná smlouva
The legal agreement between insurer and policyholder setting out coverage, premium and conditions.
cs
pojistné plnění
The payment made by the insurer to the beneficiary upon occurrence of an insured event.
cs
pojistná událost
An event specified in the contract that triggers the insurer's obligation to pay a benefit.
cs
spoluúčast
The portion of a claim that the policyholder must bear themselves before the insurer pays the rest.
Market notes
FAQ
Market notes
Sources
Last updated: Sep 25, 2026
- 01Česká národní banka (ČNB)
Czech National Bank - insurance sector regulator, supervisory reports, licensing registers and legal opinions.
- 02Česká asociace pojišťoven (ČAP)
Czech Insurance Association - quarterly and annual market statistics and press releases.
- 03Kancelář finančního arbitra
Office of the Financial Arbitrator - free out-of-court dispute resolution for life insurance and other financial services.
- 04Kancelář ombudsmana České asociace pojišťoven
Office of the Ombudsman of the Czech Insurance Association - ADR body for non-life insurance disputes.
- 05Úřad pro ochranu hospodářské soutěže (ÚOHS)
Czech Office for the Protection of Competition - merger clearance decisions affecting insurers.
- 06oPojištění.cz
Czech insurance-industry news portal covering market statistics, M&A, and regulatory news.
- 07iROZHLAS.cz
Czech public radio news service, covering regulatory and financial-sector reporting including ČNB actions.
- 08