#INSURANCE
Greek Insurers Price Out Holders of Lifetime Health Policies
The average annual claims cost per lifetime policyholder reached €950, roughly 2.6 times the cost associated with annually renewable contracts, where benefits have been significantly scaled back over the years.
Greece’s New Health Insurance Index Faces an Early Test
Greece’s statistical authority is set to release the first Annual Adjustment Index, a metric designed to serve as an objective reference point for premium increases in long-term health insurance policies.
Delayed Government Index Leaves Greek Health Insurance Premiums Without Oversight
The delay has effectively allowed insurance companies to continue imposing premium increases without the objective reference point that was intended to curb excessive hikes and improve transparency for policyholders.
Greece Mandates Disaster Insurance for Large Businesses Amid Climate Risks
The law applies broadly to businesses across all sectors, provided they meet the revenue threshold.
CVC’s Ethniki Insurance Play: From Entry to Asset Stripping to Exit
Negotiations between Piraeus Bank and CVC over the acquisition of Ethniki Insurance, Greece’s largest insurer, are expected to reach a critical juncture this week.