STATISTICS: Greece 1H2022: insurance market remained at the end-June 2021 level

22 September 2022 — Andrei Victor
Half year premiums underwritten by Greek insurers members of Hellenic Association of Insurance Companies (HAIC) totaled EUR 2.14 billion, up by 0.20% y-o-y according to end-June 2022 preliminary figures.

Non-life insurance segment increased by 7.4% y-o-y to EUR 1.19 billion, of which EUR 373 million - Motor TPL, EUR 236.13 million - property lines, EUR 121.33 million - MoD.

At the same time, the life insurance business line decrease by 7.50% to EUR 955 million - due to negative dynamic reported by traditional life policies (-14.40% to EUR 545 million vs. EUR 636.83 million in H1 2021 ).

The market figures published by HAIC include the figures for 52 insurance companies of which 17 were active in life insurance (and accounted for 99.9% of the segment market's full data for 2021) and 45 were active in non-life insurance (94.5% market share).

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