According to the Q1 2023 preliminary statistics published by HAIC - the Hellenic Association of Insurance Companies, at the end of March, the Greece insurance market totaled at EUR 1.23 billion, 6.8% more y-o-y.

According to presented figures, the Greek life insurance segment increased by 3.6% y-o-y to EUR 577.8 million, while the general insurance subclasses expanded by almost 10% y-o-y to EUR 656.5 million.

The Q1 2023 market results published by HAIC include the figures for 49 insurance enterprises, of which 43 were active in Non-Life insurance and 16 in Life insurance.

Of the 49 insurance enterprises, 27 were established in Greece in the form of S.A. Insurance Company, 2 in the form of mutual insurance cooperative, 15 as branches of a foreign insurance enterprise and 5 European insurance enterprises operating under the freedom to provide services status.

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