STATISTICS: GREECE 1Q2020: Greek market decreased by 1.6% y-o-y, HAIC figures show

25 June 2020 — Andrei Victor
HAIC - the Hellenic Association of Insurance Companies has published the preliminary figures of the local insurance market. According to the data of the member insurance companies, the value of Q1 2020 aggregate GWP - life and non-life insurance, added-up, decreased by 1.6% y-o-y to EUR 988 million.

Analising the market GWP portfolio pe LoBs, the life insurance segment decreased by more than 5% y-o-y to EUR 454 million, while the general insurance subclasses expanded by almost 2% y-o-y to EUR 535 million.

The Q1 2020 market results published by HAIC include the figures for 51 insurance companies of which 19 were active in life insurance (and accounted for 99.9% of the segment market's full data for 2019) and 43 were active in non-life insurance (94.9% market share).

Access and download the latest Greek insurance market statistics.

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