Insurance in Greece - Market Summary, Competitive Analysis and Forecast to 2025
Insurance in Greece - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Insurance in Greece industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Insurance in Greece industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The Greek insurance market had total gross written premiums of $4.9bn in 2020, representing a compound annual growth rate (CAGR) of 1.6% between 2016 and 2020.
- The non-life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $2.6bn, equivalent to 52.7% of the market's overall value.
- Consumer confidence has taken a hit globally in 2020 due to the social and economic uncertainty brought about by the COVID-19 pandemic. In Greece, disposable household incomes also declined during this same period, restricting consumers’ ability to invest in insurance plans and negatively affecting growth in the market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Greece
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Greece
- Leading company profiles reveal details of key insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Greece insurance market with five year forecasts
- What was the size of the Greece travel & tourism market by value in 2020?
- What will be the size of the Greece travel & tourism market in 2025?
- What factors are affecting the strength of competition in the Greece travel & tourism market?
- How has the market performed over the last five years?
- How large is Greece’s travel & tourism market in relation to its regional counterparts?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. How are leading players incorporating new technology into their business strategies?
7.5. What has been the most significant M&A activity this year?
7.6. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. National Bank of Greece SA
8.2. MetLife Inc
8.3. Achmea BV
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
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. How are leading players incorporating new technology into their business strategies?
7.5. What has been the most significant M&A activity this year?
7.6. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. National Bank of Greece SA
8.2. MetLife Inc
8.3. Achmea BV
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 insurance market value: $ billion, 2016–20
Table 2: Greece insurance market category segmentation: $ billion, 2020
Table 3: Greece insurance market geography segmentation: $ billion, 2020
Table 4: Greece insurance market value forecast: $ billion, 2020–25
Table 5: Greece insurance market share: % share, by value, 2020
Table 6: National Bank of Greece SA: key facts
Table 7: National Bank of Greece SA: Annual Financial Ratios
Table 8: National Bank of Greece SA: Key Employees
Table 9: National Bank of Greece SA: Key Employees Continued
Table 10: MetLife Inc: key facts
Table 11: MetLife Inc: Annual Financial Ratios
Table 12: MetLife Inc: Key Employees
Table 13: MetLife Inc: Key Employees Continued
Table 14: MetLife Inc: Key Employees Continued
Table 15: Achmea BV: key facts
Table 16: Achmea BV: Key Employees
Table 17: Greece size of population (million), 2016–20
Table 18: Greece gdp (constant 2005 prices, $ billion), 2016–20
Table 19: Greece gdp (current prices, $ billion), 2016–20
Table 20: Greece inflation, 2016–20
Table 21: Greece consumer price index (absolute), 2016–20
Table 22: Greece exchange rate, 2016–20
Table 1: Greece insurance market value: $ billion, 2016–20
Table 2: Greece insurance market category segmentation: $ billion, 2020
Table 3: Greece insurance market geography segmentation: $ billion, 2020
Table 4: Greece insurance market value forecast: $ billion, 2020–25
Table 5: Greece insurance market share: % share, by value, 2020
Table 6: National Bank of Greece SA: key facts
Table 7: National Bank of Greece SA: Annual Financial Ratios
Table 8: National Bank of Greece SA: Key Employees
Table 9: National Bank of Greece SA: Key Employees Continued
Table 10: MetLife Inc: key facts
Table 11: MetLife Inc: Annual Financial Ratios
Table 12: MetLife Inc: Key Employees
Table 13: MetLife Inc: Key Employees Continued
Table 14: MetLife Inc: Key Employees Continued
Table 15: Achmea BV: key facts
Table 16: Achmea BV: Key Employees
Table 17: Greece size of population (million), 2016–20
Table 18: Greece gdp (constant 2005 prices, $ billion), 2016–20
Table 19: Greece gdp (current prices, $ billion), 2016–20
Table 20: Greece inflation, 2016–20
Table 21: Greece consumer price index (absolute), 2016–20
Table 22: Greece exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Greece insurance market value: $ billion, 2016–20
Figure 2: Greece insurance market category segmentation: % share, by value, 2020
Figure 3: Greece insurance market geography segmentation: % share, by value, 2020
Figure 4: Greece insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Greece, 2020
Figure 6: Drivers of buyer power in the insurance market in Greece, 2020
Figure 7: Drivers of supplier power in the insurance market in Greece, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Greece, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Greece, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Greece, 2020
Figure 11: Greece insurance market share: % share, by value, 2020
Figure 1: Greece insurance market value: $ billion, 2016–20
Figure 2: Greece insurance market category segmentation: % share, by value, 2020
Figure 3: Greece insurance market geography segmentation: % share, by value, 2020
Figure 4: Greece insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Greece, 2020
Figure 6: Drivers of buyer power in the insurance market in Greece, 2020
Figure 7: Drivers of supplier power in the insurance market in Greece, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Greece, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Greece, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Greece, 2020
Figure 11: Greece insurance market share: % share, by value, 2020
