Greece

Greece
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Greece
Location map
author: OCHA/ ReliefWeb


Location:
- Southern Europe;
- borders Ionian Sea and Mediterranean Sea;
- peninsular country, possessing an archipelago of about 3,000 islands, dominating the Aegean Sea and the southern entrance to the Turkish Straits;
- Neighbours: Cyprus, Turkey, Bulgaria, Macedonia, Albania, Italy.

Climate:
- Mediterranean climate with mild wet winters and hot, dry summers;
- snowfalls do occur occasionally during the winter.

Natural Hazards:
- severe earthquakes;
- droughts;
- wildfires.

Macro indicators
* 2018 estimates
Surface:131,957km2
Population*:10.7million
Pop. density*:81.4people/km2
GDP*:185.5EUR billion
GDP/capita*:17,274.8EUR

European Union:
EU member, since 1981

Currency: Euro
Code: EUR
Since: 2001


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:48%
TOTAL NON-LIFE*:52%
Overall Property*:11%
Overall Motor*:25%

Sources:



 


Statistics

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Greece FY2025 Market Portfolio

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Greece 3Q2025 Market Portfolio


See all statistics

Latest news

GREECE: Life insurance assets rise 6.6% in 2025

In 2025, total assets under management in life insurance in Greece amounted to EUR 12.6 billion, which is 6.6% more y-o-y. This increase confirms steady strengthening of the sector in recent years, as the total size has increased from EUR 11.3 billion in 2023, insurancedaily.gr writes.




STATISTICS: GREECE 3Q2025: above average premiums increase in property insurance

Q3 2025 preliminary insurance market figures published by HAIC - Hellenic Association of Insurance Companies, shows that at the end of September 2025, the Greek insurance market totaled EUR 4.42 billion, up by 5.3% y-o-y.

Life insurance business line was up by 1.6% to EUR 2.05 billion. The non-life insurance segment increased by 8.8% y-o-y to EUR 2.39 billion - of which EUR 618 million - MTPL, EUR 269 - MoD, EUR 534.6 – property. Property insurance saw one of the most substantial growth rates, driven by the increased sales on the fire & natural forces insurance line (14.1%).



STATISTICS: GREECE 1H2025: property insurance grew by 10.6%

According to the half-year market figures published by HAIC - the Hellenic Association of Insurance Companies, the Greek insurance market totaled EUR 2.9 billion at the end of 1H2025, up by 3% y-o-y from EUR 2.82 billion a year before.