Greek insurers Q1 gross written premiums down by 13%

20 June 2013 — Vlad BOLDIJAR
Greek insurers Q1 gross written premiums down by 13%
greece-statisticsThe Greek insurers reported gross written premiums of EUR 1.02 billion in the first quarter of 2013 as compared with EUR 1.18 billion a year earlier, according to the 1Q2013 Report published by the Hellenic Association of Insurance Companies (HAIC).

In the analyzed period, Non-life insurance premiums accounted for 60% of the total insurance premiums (EUR 611 million, 4.5% less y-o-y), while the life insurance segment accounted for the remainder of the market (EUR 410 million, or 23.5% less y-o-y).

The Report published by HAIC include figures of 61 insurance companies or 95.4% in premiums of the total market. Of these, 22 were active in Life insurance (99.3% market share) and 50 were active in the Non-life segment (92.5% market share).

Access www.xprimm.com and download 1Q2013 Greece insurance market statistics.
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