GREECE: Greek market sees a 4.8% increase in January – August 2025

4 November 2025 — Marina MAGNAVAL
GWP in Greece, according to the data of the survey conducted among 46 insurance companies for the period January to August 2025, saw an overall increase of 4.8% y-o-y, amounting to EUR 3.89 billion, insurancedaily.gr reports.

Non-life insurance demonstrated particularly dynamic growth, reaching EUR 2.07 billion, with an impressive y-o-y increase of 9.1%. Other non-life classes excluding MTPL recorded an increase of 10.4%, while MTPL reached EUR 551.41 million, up 5.8%. Other classes with extremely high growth were aircraft insurance (+381.8%), guarantees (+46.7%), and accidents (+19.7%).

Life insurance amounted to EUR 1.81 billion, recording a quite moderate increase of 0.3%. Specifically, while Unit-linked products rose by 3.5%, traditional life insurance recorded a marginal decrease of 0.7%, and collective pension fund management decreased by 7.3%.

It is noted that the data comes from monthly statements of the 46 insurance companies, operating on the market, and hasn’t been audited yet, the source added.



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