
Life Insurance & Pension in Greece
Description
Life Insurance & Pension in Greece
Summary
Life Insurance & Pension in Greece industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Life Insurance & Pension in Greece industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Life insurance & pension is the financial cover for a contingency linked with human life, like death, disability, accident, retirement etc. Human life is subject to risks of death and disability due to natural and accidental causes. When human life is lost or a person is disabled permanently or temporarily, there is loss of income to the household.
- The Greek life insurance & pension market recorded gross written premiums of $2.7 billion in 2023, representing a compound annual growth rate (CAGR) of 3.8% between 2018 and 2023.
- The life insurance segment accounted for the market's largest proportion in 2023, with total gross written premiums of $2.3 billion, equivalent to 87.8% of the market's overall value.
- The growth in the Greek life insurance & pension market is driven by the increasing population of individuals aged 65 and above. This demographic shift is fuelling demand for retirement savings plans and income protection policies as people seek financial security for their post-retirement years. According to Eurostat, the population of individuals aged 65 and above in Greece stood at 2.4 million in 2023, an increase of 2.0% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance & pension market in Greece
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance & pension market in Greece
- Leading company profiles reveal details of key life insurance & pension market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Greece life insurance & pension market with five year forecasts
- What was the size of the Greece life insurance & pension market by value in 2023?
- What will be the size of the Greece life insurance & pension market in 2028?
- What factors are affecting the strength of competition in the Greece life insurance & pension market?
- How has the market performed over the last five years?
- What are the main segments that make up Greece's life insurance & pension market?
Table of Contents
38 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Eurolife FFH Insurance Group Holding SA
- 8.2. Assicurazioni Generali SpA
- 8.3. NN Group NV
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Greece life insurance & pension market value: $ billion, 2018-23
- Table 2: Greece life insurance & pension market category segmentation: % share, by value, 2018-23
- Table 3: Greece life insurance & pension market category segmentation: $ billion, 2018-23
- Table 4: Greece life insurance & pension market geography segmentation: $ billion, 2023
- Table 5: Greece life insurance & pension market value forecast: $ billion, 2023-28
- Table 6: Eurolife FFH Insurance Group Holding SA: Key Facts
- Table 7: Eurolife FFH Insurance Group Holding SA: Key Employees
- Table 8: Assicurazioni Generali SpA: Key Facts
- Table 9: Assicurazioni Generali SpA: Annual Financial Ratios
- Table 10: Assicurazioni Generali SpA: Key Employees
- Table 11: Assicurazioni Generali SpA: Key Employees Continued
- Table 12: NN Group NV: Key Facts
- Table 13: NN Group NV: Annual Financial Ratios
- Table 14: NN Group NV: Key Employees
- Table 15: Greece Size of Population (million), 2019-23
- Table 16: Greece Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 17: Greece GDP (Current Prices, $ Billion), 2019-23
- Table 18: Greece Inflation, 2019-23
- Table 19: Greece Consumer Price Index (Absolute), 2019-23
- Table 20: Greece Exchange Rate, 2018-23
- List of Figures
- Figure 1: Greece life insurance & pension market value: $ billion, 2018-23
- Figure 2: Greece life insurance & pension market category segmentation: $ billion, 2018-23
- Figure 3: Greece life insurance & pension market geography segmentation: % share, by value, 2023
- Figure 4: Greece life insurance & pension market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the life insurance & pension market in Greece, 2023
- Figure 6: Drivers of buyer power in the life insurance & pension market in Greece, 2023
- Figure 7: Drivers of supplier power in the life insurance & pension market in Greece, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the life insurance & pension market in Greece, 2023
- Figure 9: Factors influencing the threat of substitutes in the life insurance & pension market in Greece, 2023
- Figure 10: Drivers of degree of rivalry in the life insurance & pension market in Greece, 2023
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