STATISTICS: Greek insurers’ Q1 GWP increased to EUR 1.40 billion

4 June 2024 — Andrei VICTOR
STATISTICS: Greek insurers’ Q1 GWP increased to EUR 1.40 billion

According to the Q1 2024 preliminary statistics published by HAIC - the Hellenic Association of Insurance Companies, at the end of March, the Greece insurance market totaled at EUR 1.40 billion, 14.3% more y-o-y.

According to presented figures, the Greek life insurance segment increased by 20.5% y-o-y to EUR 687.8 million, while the general insurance subclasses expanded by almost 9% y-o-y to EUR 714.7 million.

The Q1 2023 market results published by HAIC include the figures for 47 insurers, of which 42 were active in non-life insurance and 14 in Life insurance.

Of the 47 insurance enterprises, 26 were established in Greece in the form of S.A. Insurance Company, 1 in the form of mutual insurance cooperative, 15 as branches of foreign insurance enterprises and 5 European insurance enterprises operating under the FOS status.

Access xprimm.com and download the Q1 2024 Greek insurance market statistics.
 

58 views