STATISTICS: Greece, 3Q2017: The insurance industry remained at the 2016 level

The Greek insurers reported gross written premiums of EUR 2.80 billion at the end of September 2017, up by 0.26% y-o-y, according to the nine-months market report published by the Hellenic Association of Insurance Companies (HAIC).

In terms of GWP, the life insurance segment was down by 1.40% y-o-y to EUR 1.37 billion due the 6.28% decrease reported by the traditional life policies to EUR 993 million.

On the other hand, the published figures show that the non-life insurance GWP accounted for 51.06% of the total - EUR 1.43 billion, or 1.91% more y-o-y.

HAIC said the 3Q2017 Report includes figures of 50 insurers or 97.2% in GWP of the total FY2016 market. Of these, 20 were active in life insurance (99.9% market share) and 44 were active in the Non-life segment (94.6% market share).

Access www.xprimm.com and download 3Q2017 Greece insurance market statistics.

Share |

Related articles

STATISTICS: UPDATE: Greece, FY2016: 4.6% y-o-y increase in the overall premium income

According to a recent press release of the Hellenic Association of Insurance Companies (HAIC), the Greek insurance market saw a 4.6% y-o-y increase in the overall premium income in 2016, to EUR 3.78 billion. The result takes into consideration the 56 insurance undertakings HAIC members, representing approximately 97.1% of total premium income.

2017-03-16

ON THE MOVE

Three new appointments at XL Catlin insurance operations

XL Catlin insurance operations announced on 4 June three appointments: Donnacha SMYTH as President Global Excess Casualty Insurance; Carla GREAVES as Chief Underwriting Officer, Global Excess Casualty; Aurelie FALLON SAINT-LO as Senior Underwriter, Environmental and Client & Distribution Leader for Western France.

07.06.2018

TOP EVENT

5th Annual Insurance Business Forum "Challenges of the Year 2018"

will take place on September 17-21, 2018 in Sochi
The upcoming Forum, supported by the All-Russian Union of Insurers (ARIA), will logically continue a detailed discussion of the most pressing issues previously raised at ARIA events in 2018: Insurance and Reinsurance International Congress in Moscow and Insurance International Conference in St. Petersburg.

12.06.2018

See all