Department of Private Insurance Supervision

Main responsibilities

  • to supervise Greek-based insurance and reinsurance undertakings;
  • to supervise the foreign branches  of Greek-based insurance and reinsurance undertakings, as well as their activities under the freedom to provide services in other countries of the European Union (EU) or of the European Economic Area (EAA);
  • to supervise  the domestic branches of insurance and reinsurance undertakings based in third countries (outside the EU and the EEA); and
  • to supervise insurance intermediaries, whether natural or legal persons.

Department of Private Insurance Supervision comprises the following sections:

 

  • Insurance Market Analysis Section
  • Νon-Life (Re)Insurance Undertakings Supervision Section
  • Life and Composite (Re)Insurance Undertakings Supervision Section
  • (Re)insurance Group Supervision Section
  • Insurance Intermediaries Supervision and Complaints Section
  • Conduct of Business and Insurance Products Supervision Section
  • Regulatory Framework and Supervision Technical Assistance Section
  • Administrative Support Service
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