STATISTICS: GREECE, Q1: Unit-linked policies maintained the local market in positive teritorry
On the life segment, traditional life insurance reported a 4.7% increase, while the GWP of unit-linked sub-segment almost doubled: GWP of EUR 108 million, or 84% more y-o-y.
On the other hand, the main non-life sub-segments recorded negative rates: MTPL (-20.1%), motor hull (-15.6%), property (-7.7%). The three mentioned classes accoundetd for almost 40% of total market.
The report published by HAIC includes the figures for 57 insurance companies accounting for 95.8% of the total market. Of these, 21 were active on the life segment (97.4% market share) and 47 were active in the non-life segment (94.4% market share).
Access www.xprimm.com and download 1Q2015 Greece insurance market statistics.