The Greek liability insurance market recorded increased activity in 2025, alongside a significant rise in outstanding claims, according to the annual survey by the Hellenic Association of Insurance Companies (HAIC).
In particular, the number of insurance covers reached 521,714, up 21.5% from 2024. Over the same period, reported claims rose 16.8% to 8,500, while claims paid totalled approximately €3 million, an increase of 26.2%.
The outstanding claims reserve rose more sharply, reaching €26.2 million at the end of 2025, compared with €17.1 million a year earlier, an increase of 53.2%.
The survey covers 22 insurance companies which, according to HAIC, account for 95.8% of total premiums written for these types of cover. The figures reflect the position as at 31 December 2025.
General liability accounts for the largest share
General liability is the market’s largest segment, with 379,034 covers, or 72.7% of the total. It is followed by employers’ liability, with 62,416 covers and a 12% share, and professional liability, with 58,092 covers, or 11.1%.
General liability also accounts for 77.4% of reported claims, while representing 56.7% of the total value of claims paid and outstanding, which amounted to €29.2 million.
Professional liability, however, is of particular interest. Although it accounts for 11.1% of covers, it represents 16.2% of reported claims and 25.2% of the total value of claims. The latter stood at approximately €7.36 million.
Medical and professional liability in focus
Within professional liability, insurance for doctors is the largest sub-category, with 34,534 covers, or 59.4% of the category total.
Doctor insurance covers recorded 205 claims, with claims paid of approximately €558,000 and an outstanding claims reserve of €3.41 million. In the same category, private clinics and diagnostic centres recorded 92 claims and an outstanding claims reserve of approximately €1.70 million, despite the relatively small number of 307 covers.
Among professions outside the medical sector, accountants stand out for the number of reported claims, with 890 cases. This represents 64.7% of all claims recorded in professional liability. The figure highlights the importance of this type of insurance cover for professional activities involving the provision of specialised services.
The rise in claims paid and, above all, in the outstanding claims reserve is a key feature of the sector’s performance. HAIC notes, however, that figures for a single year do not necessarily reflect the final cost of claims, as liability claims can develop over time.
* See the report under Supplementary Material.