STATISTICS:

STATISTICS: GREECE: Almost EUR 1 billion in first quarter GWP

At the end of March 2018, the Greek insurance market totaled EUR 999.5 million, up by 3.5% y-o-y, according to the preliminary market figures published by the Hellenic Association of Insurance Companies (HAIC).

The non-life insurance segment was up by 9.3% y-o-y to EUR 538.6 million, due the double-digit growth rates reported by almost all subclasses, while the life insurance business line dropped by 2.5% to EUR 460.9 million - influenced by the negative dynamic reported by the policies linked to investment funds (-24%).

The Q1 2018 market results published by HAIC include the figures for 49 insurance companies of which 19 were active in life insurance (and accounted for 99.9% of the segment market's full data for 2017) and 45 were active in non-life insurance (93.3% market share).

Access www.xprimm.com and download 1Q2018 Greece insurance market statistics.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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