The market growth is supported by the life sector (+7.4%), which occupies 34% of total GWP. At the same time non-life insurance declined by 2% y-o-y. Its market share fell to 53.5%.
The main segment of non-life significantly affecting the sector's decline is property insurance (-16.4%), while motor classes decreased only slightly y-o-y.
Access www.xprimm.com and download Greece insurance market statistics.
Greece 4M2019 Market Portfolio (per insurance classes, in EUR):
- Gross written premiums;
- Changes y-o-y;
- Market weight.