Kooperativa pojistovna generated total net revenues of CZK 28,088 mil in 2016, up 10.7% when compared to the previous year. Some CZK 26,053 mil, or 92.8% of the revenues came from net written premium.
Gross claims reached CZK 13,468 mil in 2016, so average claims ratio amounted to 49.7% in 2016. That is compared to an average 54.3% seen in the last five years.
When acquisition costs are added, the combined ratio increases to 63.5% in 2016. That's compared to 54.3% average ratio seen in the last five years.
You can see all the firm’s data at Kooperativa pojistovna Profile, or you can download a report on the insurance in the report section.
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