Statistics on Insurance Corporations: Q2 2025
27/08/2025 - Press Releases
- Total assets of insurance corporations increased by 2.1% to €21,503 million in the second quarter of 2025 from €21,059 million in the previous quarter.
- Total insurance technical reserves increased by €177 million to €15,732 million from €15,555 million in the previous quarter.
Total assets of insurance corporations increased by €444 million compared with the previous quarter and stood at €21,503 million at the end of the second quarter of 2025.
In further detail, the overall deposits of insurance corporations increased by €24 million to €553 million at the end of the second quarter of 2025. Deposits with domestic credit institutions decreased by €49 million to €341 million, while deposits with foreign credit institutions increased by €73 million to €212 million. Deposits’ share in total assets stood at 2.6% in the second quarter of 2025.
Total holdings of debt securities increased to €10,621 million at the end of the second quarter of 2025 from €10,523 million in the previous quarter. This development is mainly due to an increase in prices of domestic and foreign bonds. Debt securities’ share in total assets decreased to 49.4% in the second quarter of 2025 from 50.0% in the previous quarter.
Total holdings of investment fund shares increased to €6,808 million compared with €6,438 million in the previous quarter. Their share in total assets increased to 31.7% in the second quarter of 2025 compared with 30.6% in the previous quarter. The increase in these holdings is mainly due to increases in prices of domestic as well as other euro area investment fund shares but also to net purchases of foreign shares.
Equity holdings increased to €1,057 million from €1,016 million in the previous quarter. This development is mainly due to an increase in prices of domestic shares. Equity holdings’ share in total assets stood at 4.9% in the second quarter of 2025.
On the liabilities side, own funds increased to €3,800 million at the end of the second quarter of 2025 compared with €3,566 million in the previous quarter. Total insurance technical reserves increased by €177 million to €15,732 million. In further detail, life technical reserves increased by €179 million to €12,129 million, while non-life technical reserves stood at €3,603 million compared with €3,605 million in the previous quarter. The share of life technical reserves corresponds to 77.1% 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:
- 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.
- 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 third quarter of 2025 will be published on 26 November 2025, according to the Advance release calendar, as published on the Bank of Greece website.
Related link:
Aggregated balance sheet of insurance corporations