This master thesis is elaborated on topic Financial analysis of Česká podnikatelská pojišťovna further ČPP. First theoretical part summarizes the genaral methodology of financial analysis. Then this methodology is adjusted for needs and specifics of the insurance industry. Second practical part is consist of financial analysis of conrete ČPP on the data of 6 years between 2010 and 2015. Then indicators is comparet with two competitors categories. First one is the Allianz insurance company and the second one is the market average, which is constist of average values from financial statements for members of Czech association of insurance companies. From the evaluation of financial analysis comes the finanancial health of ČPP