In health insurance, the company recorded a growth rate twice as high as the market average, while in general insurance it also significantly exceeded the average. It is noted that Ethniki Insurance consistently continues its upward trend, within the framework of the multi-level transformation plan that the Management has been implementing in recent years. With strong performance in all areas of activity, the company recorded a significant increase in premium production and a further strengthening of its market share.
“Our performance in 2024 confirms our strategy for the overall transformation of the company – from strengthening the sales network and upgrading internal processes, to targeted investments in technology and human resources. We continue steadily on the path of growth and modernization, aiming every year to achieve results worthy of Ethniki Insurance’s history”, commented Ethniki Insurance’s CEO, Dimitris Mazarakis.
Strong Performance in Life, Health & General Insurance
In the Life Sector, the company recorded an increase of 16.8%, compared to the market average of 7.9%, mainly due to the increased demand for Unit-Linked products.
In Health Insurance, Ethniki Insurance’s growth rate was double that of the rest of the market, demonstrating its strong presence in this sector.
In General Insurance, an increase of 14.4% was recorded, compared to the market’s 9.4%, with remarkable performance in all key LoBs. Particularly in property insurance, the company’s growth rate was 1.6 times higher than the market average.
Ethniki Insurance won the Superbrands Greece 2024 awards, achieving the highest score in the Insurance Services category. In its press-release, the company notes that with a constant commitment to innovation and the quality of its services, continues to meet the needs of its policyholders, strengthening trust of customers and confirming its leading role on the Greek insurance market.
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