The total value of assets of insurance companies reached €21.503 billion, showing an increase of 2.1% in the second quarter of 2025, according to data from the Bank of Greece.
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The total asset value of insurance companies increased by €444 million compared to the previous quarter, reaching €21.503 billion at the end of the second quarter of 2025. Total deposits of insurance companies increased by €24 million, reaching €553 million at the end of the second quarter of 2025.
Decrease of nearly 50 million
Deposits in domestic credit institutions decreased by €49 million to €341 million, while deposits in foreign credit institutions increased by €73 million to €212 million. The percentage of deposits to total assets stood at 2.6% in the second quarter of 2025.
The value of total investments by insurance companies in debt securities increased to €10.621 billion at the end of the second quarter of 2025, compared to €10.523 billion in the previous quarter. This development was mainly due to rising valuations of bonds both domestically and internationally. The percentage of debt securities to total assets decreased to 49.4% in the second quarter of 2025, from 50.0% in the previous quarter.
The value of total investments in mutual fund shares increased to €6.808 billion, compared to €6.438 billion in the previous quarter, with their percentage of total assets rising to 31.7% in the second quarter of 2025, from 30.6% in the previous quarter. The increase in investment value was mainly due to rising valuations of domestic shares, as well as those from other eurozone countries, along with net purchases of foreign shares.
Total investments in stocks
The value of total investments in stocks and other equity instruments increased to €1.057 billion, compared to €1.016 billion in the previous quarter, mainly due to rising valuations of domestic stocks. The percentage of total stock investments to total assets stood at 4.9% in the second quarter of 2025.
On the liability side, equity capital increased to €3.800 billion at the end of the second quarter of 2025, compared to €3.566 billion in the previous quarter. Insurance technical provisions increased by €177 million to €15.732 billion. Specifically, life insurance technical provisions increased by €179 million to €12.129 billion, while non-life technical provisions stood at €3.603 billion, down from €3.605 billion in the previous quarter. Of total technical provisions, 77.1% corresponds to life insurance technical provisions.
