Non-life insurance markets in CEE countries– part I: Products’ structure

Abstract

The course of the development of non-life insurance markets in CEE countries dif- fers in many aspects from the Western-European countries. This study shows how these changes performed in the eight CEE countries, that overcame transition in similar time and accessed the European Union in May, 2004. In this paper (as the first part of the study) wider attention was given to the changes of products’ structure of non-life mar- kets. It was found that motor third party liability insurance still remains the most relevant insurance line in the non-life markets of the examined countries