Key Market Indicators
Greek life insurance revenue saw a modest increase in 2020, climbing to approximately €1,130 million from €1,120 million in 2019. This represents a growth rate of 0.8% year over year. However, the broader trend for the Greek life insurance market has been markedly negative. Since 2016, the market has experienced a dramatic annual decline of around 90%. These figures highlight the significant challenges faced by the industry in Greece over the past few years, despite the slight uptick in 2020.
