The Greek Deal.com
INSURANCE
Insurance companies' compensation for the Bora storm estimated at €18.7 million
The survey of the Hellenic Association of Insurance Companies (EAEE) that prevailed in Greece in the period 30 November - 2 December 2024 has been completed.
Discussions for Hellenic General Insurance in full swing
Negotiations between Piraeus and CVC for the acquisition of Hellenic General Insurance are underway, according to the bank's CEO, Christos Megalou, at a press conference.
The CVC divestment and the interest from Piraeus - NBG
Piraeus Bank is entering the race to acquire Ethniki Insurance, which stresses in a statement that there is interest.
The health sector is a source of uncertainty for insurance companies - What it proposes
The increase in the cost of health services and, by extension, health insurance premiums is noted by the Association of Greek Insurance Companies, asking for the help of the state, the supervisory authorities and the stakeholders involved in the cost.
Approached pre-crisis economic levels in 2023
The insurance market approached pre-crisis economic levels in 2023, a year in which insurance companies paid out €2.4 billion in compensation to policyholders.
Total insurance assets up 1.9% in the third quarter
The asset value of insurance companies increased by €381 million euros in the third quarter of 2024 compared to the previous quarter and stood at €20.980 billion.
Earnings up 28% in 9 months - Strong growth prospects
Europi Asfalistiki continued its upward trend in the first nine months of the current financial year, achieving a 28% increase in profits.
Acquisition of Europe Asfalistiki for €46.55 million
Kloukinas-Lappas announced the acquisition of Εurope Asfalistiki for €46.55 million.
6.3% increase in insured homes for weather and earthquake
Greece's rate of residential insurance coverage is 18.3%, as of December 31, 2023, as opposed to 18.2%.
Insurance premium production at €2.33 billion in the five months
Between January and May of 2024, the combined premium production of the Hellenic Association of Insurance Companies member companies was €2.33 billion, a 12.1% increase over the same period in 2023.
Dimitris Mazarakis takes over as new CEO
Mr. Dimitris Mazarakis as of today assumes his duties as the CEO of Ethniki Asfalistiki.