Hellenic Association of Insurance Companies meets with BoG governor Stournaras

“The development of private insurance sector can offer a lot more to the Greek society and economy,” Alexandros Sarrigeorgiou, president of Hellenic Association of Insurance Companies said during a working lunch meeting of the Association with Bank of Greece governor Yiannis Stournaras.

The meeting focused on exchanging views on issues related with the economy, the society and private insurance. The central banker referred to the figures and prospects of the Greek economy.

Sarrigeorgiou underlined the significant contribution of private insurance in the country, noting that the although the Greek insurance market was still small in size compared with other European markets, it was a significant sector for the Greek economy with investments worth 13 billion euros, compensations of 2.5-3.0 billion euros annually and taxes of more than 500 million euros.