Oceňování investic v komerčních pojišťovnách

The thesis deals with methods of valuation of investments in commercial insurance companies from the perspective of Czech regulations and IFRS. The theoretical part presents the financial statements of insurance companies, definitions of individual components of investments, valuation models used in the Czech Republic and IFRS and the impact of individual accounting methods on the financial position of the accounting unit. Differences in valuation arose in the initial valuation of securities, in the valuation at the financial statement date (subsequent valuation) of real estate and equity securities with a decisive or significant influence. In the practical part, the procedures under Czech regulations and IFRS are analysed for a specific Czech subsidiary and foreign parent insurance company, including an assessment of the impact of the valuation methods used. With regard to the commencement of IFRS 9 for commercial insurance companies on 1 January 2023, the impacts associated with the transition from IAS 39 are also presented.