According to the Czech National Bank data, Czech insurers ended Q1 2025 with GWP worth EUR 2.75 billion, 9.6% more y-o-y. Gross claims paid, including change in balance of technical provisions, have increased by 6.35%, to EUR 1.19 billion.

The life insurance sector saw a positive dynamic. GWP went up by 10.58% y-o-y, to EUR 680 million. The class of index-linked and unit-linked life insurance saw a 7% increase in GWP, to EUR 174.2 million, reversing the negative trend recorded in the first quarter of 2025. All the other life insurance lines recorded double-digit positive growth rates. Indemnities and paid benefits increased overall by 5.22%, but dropped by over 6%, for the LoB of insurance with profit participation.

On the non-life side, GWP went up by 9.3%, to EUR 2.07 billion, a total that includes reinsurance accepted. The largest part of this amount was provided by the motor insurance lines, for which GWP amounted to EUR 891.22 million. Property insurance is the second largest non-life segment, with GWP worth EUR 531.3 million, up by almost 9% y-o-y.

Paid claims for non-life insurance increased by 6.87%, to EUR 821.58 million. While claims paid for property insurance decreased significantly in comparison with Q12025, motor insurance is obviously still suffering the impact of claims inflation, with claims expenses going up by 14.8% y-o-y.

The CNB figures include information on all Czech insurers, branches of insurers from other EU or EEA member states and branches of insurers from other countries in the Czech Republic as of the given date. Also included is data on the branches of these insurers operating abroad.

Access xprimm.com and download the Czech insurance market statistics released by CNB and CAP.