Hellenic Association
Insurance compensations for damages in Storm Daniel at €372 mln, says report
Compensations for property damages caused by the recent Storm Daniel, as reported by the Hellenic Association of Insurance Companies (HAIC) on Tuesday, are estimated to exceed 372 million euros.
Insurance bill for summer wildfires in Greece nears €50 mln
Compensation payable by insurance companies for property damage inflicted during the wildfires in the summer of 2023 is estimated at almost 49 million euros, according to a report compiled by the Hellenic Association of Insurance Companies (HAIC), released on Thursday.
Optimism grows among management consultants in Greece
Management consultants are more optimistic over the course of the Greek economy, the Hellenic Association of Management Consulting Firms (SESMA) said in a report released on Monday.
The GRe+1 index rose to 42.6% in the first quarter of 2023 from 30.6% in the fourth quarter of 2022, and 26.8% in the corresponding period last year.
Bid to lessen appeal of heated tobacco products
By treating heated tobacco products the same as regular cigarettes, the Health Ministry is attempting to make them "unattractive."
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Electricity suppliers – Negative to RAE proposals for invoicing and bills
For the second time in a few months, the energy suppliers, PPC and private providers, are opposed to the context of the interventions of the Energy Regulatory Authority, which, according to RAE, aim at the transparency of the bills that consumers pay for electricity.
New drive to identify uninsured vehicles
The Finance Ministry is pondering a legal clause that will identify uninsured vehicles in real time and change the system of fines imposed on their owners.
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Greek insurance market desperately lags OECD states
Greeks are particularly underinsured compared with other insurance systems in the Organization for Economic Cooperation and Development (OECD). The capitalization of the Greek private insurance system amounts to just 0.8 percent of the country's gross domestic product, against 140 percent in the OECD states.
Launch for Greek section of European Federalists
As of Friday, the Union of European Federalists (UEF) will have a Greek section, with the establishment of the Hellenic Association for the Federation of Europe (HUEF) at a general assembly to take place at the premises the European Parliament in Athens.
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EAEE calls for tax exemption for spending on insurance
Insurance companies are demanding the exemption of spending on insurance policies from taxpayers' taxable incomes in a bid to create an additional incentive for people to get covered. This has emerged in the context of the dialogue between the sector's enterprises and the government to strengthen the so-called third pillar, private insurance.
Dozens of Greek ports are crumbling, captains warn
The situation on Samothraki, with the ferry connection to the island in the northern Aegean cut off for 12 days earlier this month, brought to light the myriad problems afflicting Greek ports.
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