Statistics on Insurance Corporations: Q3 2025
26/11/2025 - Press Releases
- Total assets of insurance corporations increased by 1.7% to €21,869 million in the third quarter of 2025 from €21,503 million in the previous quarter.
- Total insurance technical reserves increased by €262 million to €15,994 million from €15,732 million in the previous quarter.
Total assets of insurance corporations increased by €366 million compared with the previous quarter and stood at €21,869 million at the end of the third quarter of 2025.
In further detail, the overall deposits of insurance corporations decreased by €26 million to €527 million at the end of the third quarter of 2025. Deposits with domestic credit institutions increased by €12 million to €353 million, while deposits with foreign credit institutions decreased by €37 million to €175 million. Deposits’ share in total assets decreased to 2.4% in the third quarter of 2025 from 2.6% in the previous quarter.
Total holdings of debt securities increased to €10,719 million at the end of the third quarter of 2025 from €10,621 million in the previous quarter. This development is mainly due to net purchases of foreign bonds. Debt securities’ share in total assets decreased to 49.0% in the third quarter of 2025 from 49.4% in the previous quarter.
Total holdings of investment fund shares increased to €7,143 million compared with €6,808 million in the previous quarter. Their share in total assets increased to 32.7% in the third quarter of 2025 from 31.7% in the previous quarter. The increase in these holdings arises from increases in prices and from purchases of foreign as well as domestic investment fund shares.
Equity holdings decreased to €1,049 million from €1,057 million in the previous quarter. This development is mainly attributed to net sales of domestic equities, partially offset by net purchases of foreign equities. Equity holdings’ share in total assets remained almost unchanged at 4.8% in the third quarter of 2025.
On the liabilities side, own funds increased to €3,955 million at the end of the third quarter of 2025 compared with €3,800 million in the previous quarter. Total insurance technical reserves increased by €262 million to €15,994 million. In further detail, life technical reserves increased by €284 million to €12,413 million, while non-life technical reserves decreased by €22 million to €3,581 million. The share of life technical reserves corresponds to 77.6% of total technical reserves.
Table 1: Balance Sheet of Insurance Corporations (EUR million at the end of the period)
Table 2: Net flows of investments of Insurance Corporations (EUR millions)
Chart 1
Chart 2
Notes:
1. Data to the Bank of Greece are submitted by the supervised insurance corporations, as defined in article 1 of the Executive Committee Act 94/16.5.2016 concerning the single submission of national reports by insurance and reinsurance corporations to the Bank of Greece, in the context of Solvency II for supervisory and statistical purposes.
2. Net flows are derived from the change in the outstanding amounts of stocks corrected for revaluation and reclassification adjustments.
Related information:
The next Press Release on “Statistics on Insurance Corporations” for the fourth quarter of 2025 will be published on 26 February 2026, according to the Advance release calendar, as published on the Bank of Greece website.
Related link:
Aggregated balance sheet of insurance corporations