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2018 Annual KPMG Report for Private Insurance Market

2018 Annual KPMG Report for Private Insurance Market

Our Annual Report for 2018 includes the research on the Financial Position of insurance companies for the year ended 31 December 2017.

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Picture of Philippos Kassos

Partner, Audit

KPMG in Greece

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We aim to provide information to insurance companies and their management with a qualitative study of the private insurance industry in Greece.

Our Annual Report for 2018 includes the research on the Financial Position of insurance companies for the year ended 31 December 2017 and this year includes updates on topics relating to Insurance Industry, such as the New Accounting Standards (IFRS 17, IFRS 16), Digital Transformation (Artificial Intelligence – Robotic Process Automation and Data Analytics) and Taxation.

Philippos Kassos, Partner at our Audit function, notes the following four strategic dilemmas for the insurance companies’ management teams:

  • Go Digital or keep on traditional-utilize legacy up to the end
  • Go Direct or stay with traditional networks
  • Go Together or stay alone
  • Go Niche market or stay with all business lines


KPMG’s report was presented in December 2018 at the Grant Hyatt Athens Hotel.

You may download the report in PDF here.

© 2020 KPMG Certified Auditors S.A., a Greek Societe Anonyme and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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