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Athens Times

With a positive sign in the month of August for the production of insurance premiums!

Reduced by 0.9% occurred in the production of insurance premiums in the eight months (January – August) 2016 relative to 2015, by touching the…2,459 billion. euro, in accordance with the study of the EURL.In particular, in the sector of life the production of οκταμήνου ranged in 1,21 billion. euro marking a decrease of 2.6% compared with the corresponding period of 2015. In terms of the industry III.Life insurance linked with investment (unit link), recorded a decrease of 35,6%, while the industry J.Life insurance showed an increase of 12.8%. During the month of August of 2016, the Life insurance επανάλαβαν increase compared to the corresponding month of 2015, a phenomenon that was observed for the first time in July 2016. It is recalled that in the past months, it was observed a great reduction in the production of Life insurance due to the imposition of capital controls on banks.In the industry of losses, an increase of 0,8% in the eight months to the production of premium touches in the 1,249 billion. euro. As regards the civil liability of vehicles, the production decreased by 11.2% reaching the 484,153 million. euro while the production of the other sectors losses increased by 10,3%, reaching the 765,078 million. euro. In August 2016, the non-life recorded a rise (the sixth month with increase within the οκταμήνου 2016) with the result that recorded an increase in the total production of premiums on a monthly basis (+25,1%) for the second consecutive month in 2016.Source

Reduced by 0.9% occurred in the production of insurance premiums in the eight months (January – August) 2016 relative to 2015, by touching the…
2,459 billion. euro, in accordance with the study of the EURL.
In particular, in the sector of life the production of οκταμήνου ranged in 1,21 billion. euro marking a decrease of 2.6% compared with the corresponding period of 2015. In terms of the industry III.Life insurance linked with investment (unit link), recorded a decrease of 35,6%, while the industry J.Life insurance showed an increase of 12.8%. During the month of August of 2016, the Life insurance επανάλαβαν increase compared to the corresponding month of 2015, a phenomenon that was observed for the first time in July 2016. It is recalled that in the past months, it was observed a great reduction in the production of Life insurance due to the imposition of capital controls on banks.
In the industry of losses, an increase of 0,8% in the eight months to the production of premium touches in the 1,249 billion. euro. As regards the civil liability of vehicles, the production decreased by 11.2% reaching the 484,153 million. euro while the production of the other sectors losses increased by 10,3%, reaching the 765,078 million. euro. In August 2016, the non-life recorded a rise (the sixth month with increase within the οκταμήνου 2016) with the result that recorded an increase in the total production of premiums on a monthly basis (+25,1%) for the second consecutive month in 2016.
Source

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