1 / 15

Some facts about

Some facts about. ČESKÁ KANCELÁŘ POJISTITELŮ Sofia 10 th November 2009. Czech Republic. Inhabitants: 10 349 000 Square area: 78 867 km 2 Neighbours: Austria, Germany, Poland, Slovakia (all EU) → no external EU border ! Capital: Prague GDP per capita: CZK 335 000 = € 13 500.

usoa
Télécharger la présentation

Some facts about

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Some facts about ČESKÁ KANCELÁŘ POJISTITELŮ Sofia 10th November 2009

  2. Czech Republic • Inhabitants:10 349 000 • Square area:78 867 km2 • Neighbours: Austria,Germany, Poland, Slovakia (all EU)→ no external EU border! • Capital: Prague • GDP per capita: CZK 335 000 = € 13 500

  3. CzechMTPL Insurance marketin 2008 (1) • 6,263 mil. insured vehicles (all classes) • MTPL earned premium ca 935 mil. € • 160000 traffic accidents investigated by police • 279 000 MTPL claims reported to insurance industry • MTPL claims paid out ca 420 mil. € • MTPL claims reserves ca 1 368 mil. €

  4. Development of average MTPL premium (in €) Czech MTPL Insurance market in 2008 (2)

  5. Data Exchange • Data onMTPL insurance contracts including Green Card Nos.collected from MTPL insurers • Transfer of the data to Central Register of Vehicles • Receiving files of differences from CRV • Reporting of uninsured vehiclesto local vehicle registers • Active – data transfer to local register authorities • Passive – access of local registers via a special security internet access to the database of the Bureau • Identification of MTPL insurer of a given vehicle on public website www.ckp.cz

  6. Claims incurred by GF unidentified • No large increase of financial amounts (high variability) • (all respective Police reports were recorded as a potential claim until 2004) • Only Bodily injury paid until adoption of 5th EU Directive

  7. Claims incurred by GF uninsured • Increase in number of claims between 2000 and 2003 • Not all claims occurred in 2007 and 2008 have been reported so far • 1,6% of all MTPL claims of Czech vehicles • Right of recovery against liable partiessystematically applied • New situation in 2009 due to new fight against uninsured

  8. Claims incurred by GF uninsured

  9. Recovery of uninsured paid out claims (1) • Right of recovery against uninsured driver, car operator and car owner (debtors in solidum) • First invitation to pay back done internally • success at ca 20 - 25% of cases (until 3 months) • Then outsourcing (2-3 debt collecting companies) • success at ca 25% - 30% of cases (until 2 years) • Or sale of receivables • Overall success (return) – without sold receivables: • According to time of start of recovery: • 2003: 40% 2004: 34% 2005: 30% • 2006: 27% 2007: 22% 2008: 16 % Measured as % collection of debt against uninsured party

  10. Recovery of uninsured paid out claims (2) • Splitper year of occurrence of the claims not per time of start of recovery • Neither old nor recent years fully developed yet

  11. Recovery of uninsured paid out claims (3) • Sale (cession) of receivables • Since 2008 via tenders • Estimate 2009: sold receivables 3,85 mio. €/ received amount 1,15 mio. € = 30 %

  12. Further Activities of the Bureau • Electronic transfer of Police reports of traffic accidents • Bureau = collecting point of all Police reports • Transferring of Police reports to insurers • Active - automatically to identified insurers according to the insurance data in the police report or to the data in the database of insured vehicles • Passive – security internet access of insurers to the database of Police reports of the Bureau This IT project implementedduringautumn 2003, in 2005 extended todistribute digital accident photos

  13. New activities 2007 • Full database of all MTPL and in future casco claims from the whole Czech market to be implemented with following functionalities: • Central MTPL bonus/malus information (autumn 2007) • Fraud indication – futuredevelopment • Improved market statistics

  14. New activity 2009 • Daily charges of uninsured into GF approved by CZ Parliament together with 5th MID • Came into effect as of 1st January 2009 • Amounts per day of „uninsurance“ to be collected from persons in charge of registered vehicles as income of Guarantee Fund • Amounts in categories of vehicles higher than respective commercial premium • Once fully operational could cover cash flow needs of Guarantee Fund (uninsured claims)

  15. Portfolio for daily charges • Ca7,15 mio. registered vehicles x 6,25 mio. insured vehicles • Significant groups • Never insured and registered (ca. 800 thds.) • large part are very old passenger cars and motorcycles likely not existing any more = not operated but not deregistered • Vehicles formerly insured • Ca. 350 thds. of vehicles a year (reported so far just to municipalities) How does it work? See next presentation!

More Related