2012

with English supplement

www.eaee.gr /

2013

54


o
16,3% 2012 23,6
. ,
- , 25,6%
26,3%, 2011.

40%
35%

36,8%

30%

26,3%

25,9%

20%

23,8%

24,3%

25%

25,6%
23,5%

23,4%
19,1%

15%

18,4%

10%

11,9%

5%
0%
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2003 - 2012

2.687 1.808 2011,

6.740 2011 6.154 2012.
2012,
79,6%
2011 92,0% 2012. ,
288,2% 2011
349,7% 2012.
chain-ladder
,
.
35,0% ( )
5.233 2012.

2011-2012,
,
.

()
()
/
( ) /
( )
/
/

2012
33
23,6 .
-16,3%
5,9 .
-3,1%

2011
34
28,2 .
-16,2%
6,0 .
-28,7%

2012
25,6%
2.687
6.154
92,0%

2012
26,3%
1.808
6.740
79,6%

349,7%

288,2%

12,2%
23,0%

12,4%
23,8%

................................................................................................ 2
..................................................................................................................... 4
............................................................................................... 5
...................................................................................................... 5
......................................................................................................................... 6
......................................................................... 6
1. ......................................................................................... 7
1.1 ................................................................................ 7
1.2 ..................................................................................... 9
1.3 ................................................................................10
1.4 ..................................................14
2. .......................................................................................16
2.1 ..........................................16
2.2 ...........................................................................20
3. .....................................................................................25
................................................................................................................27

1: 2003 2012
2:
3: List of participants
Appendix 4: Executive summary



1: ...................................... 7
2: .............................................................................................................. 7
3: .................................. 8
4: ........................................... 9
5: .............................................................................................................. 10
6: 2012 ............................................................................... 12
7: ............................................ 13
8: ( ).............................................. 13
9: .............................................................................. 14
10:
................................................................................................................................................... 22
11: .......................... 26
12: 2003 2012 ..................................................................................................... 27

1: 2012 ....................................................................................................... 10
2: 2011 ............................................................................................... 11
3: , 2012 ........................................................... 14
4: , 2012 .................................................................................... 15
5: , 2012 ............................................................................................. 15
6: ......................................................................................................... 16
7: ......................................................................................... 17
8: .............................................................................. 18
9: ............................................................................................................ 19
10: 2003 - 2012......................................................................................................... 20
11: ( ) ......................................... 21
12: 2003 - 2012 ....................................................................................................... 23
13: 2003 2012 .................................................................................... 24
14: .................................................................... 25
15: .......................................................................................................................... 29
16: ............................................................................................................ 30
17:
................................................................................................................................................... 31
18:
........................................................................................................................... 32
19: ................................................................................................................... 33
20: (List of participants) ........................................................................ 34

H

1 .
, ,
.

( ,
, .) 2012.
-,
( ),
.
, 23 ,
81,2% .

.


.
.
,

.

:
-
-
- .
1.4.

, .
.


1.
1.1
2012, 33 (2011: 34)
( 7). , 27
(2011: 27) 6 (2011: 7)
.

.
1:
46

50

42

38

40

34

33

2011

2012

30
20
10
0
2008

2009

2010

( )
, 23,6
, 16,3% 20112.
.
2:
60

50

46,3

46,7

44,1

45,4

48,1

50,3
39,0

40

33,7
28,2

30

23,6

20
10
0
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

, :
http://www.eaee.gr/cms/uploads/oikmel-premium2012totalgr.pdf


,
0,96% 2012 1,12% .

( ),
.

, 60
94,6% 95,5%
,
2011, 2012 2013
. ,
2013 7,1%
2012.

3:
4,5
4,0
3,5
3,0
2,5
2,0
1,5
1,0
0,5
0,0

2011

2012

2013

. ,
33 2012, 5
50,8% ( 53,4% 2011) 10 73,3% ( 75,2% 2011).


, 3
2012 5,9 , 3,1%
2011.

4:
14

12,3

12

10,3

10

8,5

8
6,0

5,9

2011

2012

6
4
2
0
2008

2009

2010

1.2
1
23 4 -
.
2012.
- .

, :
http://www.eaee.gr/cms/uploads/oikmel-claims2012gr.pdf
4
3
.


1: 2012

( ) 16.277.901,18
1.980.502,13
2012
2011

3.653.960,97
4.136.156,96

5.398.190,08
2.009

2012 16.793.847,32
2011 17.389.292,03
2.729
2012
2.785
2011
4.206.162,61
:

1.3
,
,

5. ,
(
).
2.687 1.808
6.154 6.740 .
25,6% 2012,
2012.
5:
40%
30%
20%

25,9%

24,3%

36,8%

23,8%

26,3%

25,6%
23,5%

23,4%

19,1%

18,4%

10%

11,9%

0%
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2003 - 2012

,
.

10


2: 20116

()
()
()
/
( ) /
( )
/
/

2012
2011
25,6%
26,3%
2.687
1.808
6.154
6.740
6.244
6.475
92,0%
79,6%

2012
27,5%
59,1%

349,7%

288,2%

204,6%

12,2%

12,4%

15,4%

23,0%

23,8%

16,4%

: ,

2012 7 20,7%, 8 3,0%
38,3% , ,
50% , 35,3%.

2,
2002 .
7
.
8
25% 75%
.

11


6: 2012
140%

120%

119,0%

100%

80%

73,6%

70,9%
66,4%

60%
49,9%
43,3%
40%

20%

38,2%

33,1%

32,9% 31,4%
31,0% 30,8%
25,6%

22,0%

18,7%16,5%

15,1%14,9%
10,7% 9,4%

8,1%
0,8% 0,0% 0,0%

0%

-12,8%
-17,6%

-20%

-40%
: ( ), , , ,

12


,
79,6% 92,0%,
.
2012,
288,2% 2011 349,7% 2012.
2012
(204,6%).
, (12,2%),
2012 (15,4%).
, 23,0% 23,8% 2011

2012 (16,4%).
7:
16%
15,0%
15%
14%

14,3%

13%

13,3%

13,5%

12,8%

13,1%

12,5%

12,4%
12,7%

12,7%

12%

12,2%

11%
10%
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2003 - 2012

8: ( )
26%

24%

23,8%

23,5%

23,4%

23,3%

23,0%

22,6%
22%

22,5%

21,2%

22,6%

21,5%
21,0%

20%

18%
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2003 - 2012

13

9:
8
7
6
5
4
3
2
1
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

1.4
2012,
. 21
75,8%
(
).
/
.
3: , 2012

2.178.811,70
242.728,66
2.421.540,36
7.178.980,43
845.575,84
8.024.556,27
9.357.792,13 1.088.304,50
10.446.096,63

23,2%
76,8%
100%

2012
.

14


4: , 2012

85

864
-

949

9,0%
91,0%
100%

53.933,08
3,9%
580.547,40
1.315.630,94
96,1% 1.256.650,95
1.369.564,02
100% 1.837.198,35

31,6%
68,4%
100%

634.480,48
2.572.281,89
3.206.762,37

19,8%
80,2%
100%

.
5: , 2012

/
/

36
177
556
60
160
2
504
1.495

2,4%
11,8%
37,2%
4,0%
10,7%
0,1%
33,7%
100%

118.864,05
528.844,70
475.060,22
84.879,54
585.882,73
506.191,11
536.467,67
2.836.190,02

4,2%
18,6%
16,7%
3,0%
20,7%
17,8%
18,9%
100%

216.809,18
628.282,05
517.201,56
143.273,76
382.526,08
261.250,00
1.192.478,17
3.341.820,80

6,5%
18,8%
15,5%
4,3%
11,4%
7,8%
35,7%
100%

335.673,23
1.157.126,75
992.261,78
228.153,30
968.408,81
767.441,11
1.728.945,84
6.178.010,82

5,4%
18,7%
16,1%
3,7%
15,7%
12,4%
28,0%
100%

, 54 2 .

15


2.
2.1
2003 2012
. , 22 ,
76,2% , .
(2003-2012)
, ,
. .
6:

2003
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

2004

2005

2006

9 ()
2007
2008

2009

2010

2011

3.423.084,86 2.793.352,20
365.653,21
122.533,56
127.280,76
51.036,04
92.777,04
58.752,28
9.989,93
777,14
5.083.721,02 2.642.614,32 1.003.521,99
751.343,38
245.000,85
145.145,32
7.507,91
7.712,98
3.621,54
4.446.456,02 2.773.701,80
427.671,68
39.212,84
120.184,06
-13.355,37
-24.447,09
11.927,24
253.477,63
280.174,63
43.008,85
1.724,20
134.651,59
3.141.279,81 2.372.899,81
4.140.318,42 2.983.348,49
867.745,62
298.698,74
-4.660,36
87.041,36
5.238.544,01 2.794.043,40
767.855,30
183.014,32
115.502,95
336.658,92
87.484,77
3.497.697,72 3.105.573,28
2.946.025,54 1.917.877,07
643.060,68
2.385.544,39 1.897.453,67
2.500.381,52
:

2012

2003, 2003, 2004 ...

16


7:

2003

2004

2005

2006

2007
2008

10

()
2009

2010

3.905.623,86 1.081.283,02
507.106,51
617.160,19
309.985,69
439.450,29
48.639,00
18.000,00
3.424.120,57 2.069.130,22 1.750.967,92 1.339.581,19
762.894,95
350.834,55
200.908,00
2004
3.465.655,74 1.173.212,89
733.254,69
723.932,86
244.385,28
209.995,14
2005
4.367.017,84
1.783.948,17
1.495.473,00
1.188.438,34
1.253.808,80
2006
4.305.225,09 1.805.370,87
765.230,93
455.876,34
2007
5.707.335,88 1.763.117,20 1.171.806,46
2008
2.932.375,84 1.804.036,09
2009
6.552.299,69
2010
2003

2011
2012

2011

17.650,05
191.701,19
218.553,80
1.288.598,72
426.272,28
1.000.808,82
1.505.871,90
5.000.755,01
2.854.407,75

2012

274.131,31
253.285,12
308.676,11
976.341,00
565.911,87
983.450,71
1.422.240,50
4.786.985,62
1.386.898,42
4.350.430,34

10

2003, 2003, 2004 ...

17

8:

11

2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

2003

2004

2005

1.031

709
1.961

149
838
1.601

11 ()
2006
2007
2008
2009

73
214
677
1.697

56
203
153
607
1.835

40
112
35
206
858
1.937

19
45
24
54
170
780
1.264

2010

2011

2012

14
21
17
22
58
203
635
1.176

14
3
10
25
29
74
148
506
1.134

6
4
12
19
10
37
55
198
462
707

2003, 2003, 2004 ...

18


9:

12

12

2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

2003

2004

2005

949

573
1.525

292
765
1.056

()
2006 2007
2008 2009

172
577
540
897

142
474
321
526
1.147

52
238
138
267
496
1.198

42
92
87
189
244
548
870

2010

2011

2012

23
38
78
146
200
344
574
894

18
27
67
119
145
252
290
578
823

13
28
63
103
120
203
230
290
399
701

2003, 2003, 2004 ...

19


2.2
2.1 chain-ladder,
.
, .
( )
( ). , ( )
,
.
( )
.
10: 2003 - 2012

(

)

2003
2004

7.319.368,33
10.143.474,43
8.090.027,29
7.203.557,52
8.938.404,14
10.082.410,69
8.449.655,19
10.293.948,91
5.669.896,48
6.850.811,86

7.045.237,02
9.890.189,31
7.781.351,18
6.227.216,52
8.372.492,27
9.098.959,98
7.027.414,69
5.506.963,29
4.282.998,06
2.500.381,52

7.319.368,33
10.512.980,71
8.417.585,38
7.536.770,37
9.163.235,23
10.387.466,84
8.593.507,40
10.567.247,26
5.880.049,30
7.546.995,39

2005
2006
2007
2008
2009
2010
2011
2012
:
: chain-ladder

( - )

274.131,31
622.791,40
636.234,20
1.309.553,85
790.742,96
1.288.506,86
1.566.092,71
5.060.283,97
1.597.051,24
5.046.613,87

( - ) /

3,7%
5,9%
7,6%
17,4%
8,6%
12,4%
18,2%
47,9%
27,2%
66,9%

( 2011)

274.131,31
253.285,12
308.676,11
976.341,00
565.911,87
983.450,71
1.422.240,50
4.786.985,62
1.386.898,42
4.350.430,34

( - ) -

[( - ) - ]/

0,00
369.506,28
327.558,09
333.212,85
224.831,09
305.056,15
143.852,20
273.298,35
210.152,82
696.183,54

0,0%
145,9%
106,1%
34,1%
39,7%
31,0%
10,1%
5,7%
15,2%
16,0%

20


, ,
.

11: ( )

2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

()

()

25.592.040,79
26.597.396,26
25.586.734,07
27.596.243,47
29.123.582,02
30.744.801,71
23.466.100,67
22.183.212,61
18.372.833,16
16.449.196,20

7.319.368,33
10.512.980,71
8.417.585,38
7.536.770,37
9.163.235,23
10.387.466,84
8.593.507,40
10.567.247,26
5.880.049,30
7.546.995,39

28,6%
39,5%
32,9%
27,3%
31,5%
33,8%
36,6%
47,6%
32,0%
45,9%

245.712.140,96

85.925.206,21

35,0%

:
: chain-ladder

,
.

21


10:
60%

50%

40%

30%

20%

10%

0%
2008

2009
2007

2010
2008

2009

2011
2010

2011

2012

2012

22


12, ( )
. , .
13, .
12: 2003 - 2012

(

)

2003
2004
2005
2006
2007
2008
2009
2010

2.124
3.429
2.592
2.733
3.080
3.234
2.332
2.170
1.995
1.408

2.111
3.401
2.529
2.630
2.960
3.031
2.102
1.880
1.596
707

2011
2012
:
: chain-ladder

( - )

( - ) /

(
2011)

( - ) -

2.124
3.431
2.601
2.741
3.085
3.204
2.291
2.114
1.892
1.442

13
30
72
111
125
173
189
234
296
735

0,6%
0,9%
2,8%
4,0%
4,1%
5,4%
8,2%
11,1%
15,6%
51,0%

13
28
63
103
120
203
230
290
399
701

0
2
9
8
5
-30
-41
-56
-103
34

[( - ) - ]/

0,0%
5,8%
13,7%
7,4%
4,3%
-14,6%
-17,9%
-19,4%
-25,9%
4,9%

23

13: 2003 2012

2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

: chain-ladder

( & )

2.124
3.431
2.601
2.741
3.085
3.204
2.291
2.114
1.892
1.442
24.924

7.319.368,33
10.512.980,71
8.417.585,38
7.536.770,37
9.163.235,23
10.387.466,84
8.593.507,40
10.567.247,26
5.880.049,30
7.546.995,39
85.925.206,21

3.446,03
3.064,46
3.236,74
2.750,00
2.970,15
3.241,61
3.751,23
4.999,49
3.108,62
5.232,88
3.447,53

24


3.
,
. , 19 (2011: 18)
75,0% (2011: 75,3%).
.
, ,
. 14 ,
, .
.
14:

()
2003
2004
2005
2006
2007
2008
2009
2010
2011

7.045.237,02
9.890.189,31
7.781.351,18
6.227.216,52
8.372.492,27
9.098.959,98
7.027.414,69
5.506.963,29
4.282.998,06
2.500.381,52

()

1.231.618,02
1.116.886,95
1.820.646,18
1.089.242,05
1.070.662,97
1.280.662,75
317.843,85
540.743,52
230.904,32
70.465,89

2012
:

17,48%
11,29%
23,40%
17,49%
12,79%
14,07%
4,52%
9,82%
5,39%
2,82%

2.111
3.401
2.529
2.630
2.960
3.031
2.102
1.880
1.596
707

270
351
306
250
249
289
120
134
89
28

12,79%
10,32%
12,10%
9,51%
8,41%
9,53%
5,71%
7,13%
5,58%
3,96%

4.561,55
3.182,01
5.949,82
4.356,97
4.299,85
4.431,36
2.648,70
4.035,40
2.594,43
2.516,64

25


11, (2003-2007)
.
. ,
.
11:
70%

60%

50%

40%

30%

20%

10%

0%
2003

2004

2005

2006
2003

2007
2004

2008
2005

2006

2009

2010

2011

2007

26

2012



2012 16,3%, .
2012 3,1%.
, , 2012 25,6%
26,3% 2011. (12,2%)
2011 23,0%.
2.687
6.154 .

,
.
12: 2003 2012
60%
47,6%

50%
39,5%

40%

32,9%

28,6%

23,4%

36,6%
32,0%
36,8%

27,3%

30%
20%

31,5%

33,8%

25,9%

24,3%

45,9%

26,3%

23,8%

19,1%

25,6%

18,4%

10%

11,9%

0%
2003

2004

2005

2006

2007

( )

2008

2009

2010

2011

2012

( )

,
, 2012 ,
2006 , 2011. ,
2007,
.
,

.

,
.

27


1: 2003 2012

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2003 - 2012

25,6%

26,3%

36,8%

18,4%

23,8%

11,9%

24,3%

19,1%

25,9%

23,4%

23,6%

2.687,00 1.808,14 2.255,63 2.606,50 2.059,74 1.764,21 1.654,87 1.847,53 2.143,38 3.155,47

6.153,85 6.739,82 6.035,63 4.763,25 5.237,96 5.298,40 5.315,47 5.823,44 4.105,40 4.928,67

12,2%

12,4%

12,7%

12,8%

13,5%

13,3%

12,7%

12,5%

14,3%

15,0%

13,1%

23,0%

23,8%

23,3%

22,6%

23,5%

21,0%

21,5%

21,2%

23,4%

22,5%

22,6%

: .

28

 2:
15:
13

2003

2004

2005

2006

30.921,95 518.073,27 159.136,85

226.781,44
266.694,79
39.984,30
404.286,27
2004
30.333,95 1.143.325,15
2005
99.123,14
2006
2003

2007
2008
2009

2010
2011
2012
:

13

()
2007
2008

2009

2010

2011

2012

159.383,41 53.173,63 35.251,47 25.396,00

3.500,00
173.757,10 87.720,65 90.028,15 14.415,69 40.000,00
289.988,75 154.554,80 74.660,71 63.199,18 32.233,64
470.010,22 250.533,17 89.473,52 46.428,93 53.922,25
157.179,87 376.374,81 169.838,79 104.987,39 104.451,82
102.883,29 507.608,08 197.862,18 187.202,58
28.822,26 90.235,53 147.724,29
15.712,65 214.152,50
24.499,99

20.000,00
0,00
32.350,00
79.750,82
157.830,29
285.106,62
51.061,77
310.878,37
206.404,33
70.465,89

2003, 2003, 2004 ...

29

 16:

14

2003
2004

2003

2004

2005

37

123
37

50
144
49

2005
2006
2007
2008
2009
2010
2011
2012
:

14

()
2006 2007 2008 2009 2010

26
68
164
47

12
49
58
143
32

8
32
16
35
124
37

9
15
11
14
47
144
13

3
5
4
3
34
58
61
14

2011

1
1
3
3
9
31
36
75
25

2012

1
0
1
5
3
19
10
45
64
28

2003, 2003, 2004 ...

30

 17:
15

2003

2004

2,5% 42,1% 12,9% 18,4%

3,6% 36,2% 23,9%
1,7% 62,8%
2005
9,1%
2006
2003
2004

2007
2008
2009
2010
2011
2012
:

15

2005

()
2006
2007
2008
2009

2010

2011

12,9% 4,3% 2,9% 2,1% 0,3%

15,6% 7,9% 8,1% 1,3% 3,6%
15,9% 8,5% 4,1% 3,5% 1,8%
43,2% 23,0% 8,2% 4,3% 5,0%
14,7% 35,2% 15,9% 9,8% 9,8%
8,0% 39,6% 15,4% 14,6%
9,1% 28,4% 46,5%
2,9% 39,6%
10,6%

2012

1,6%
0,0%
1,8%
7,3%
14,7%
22,3%
16,1%
57,5%
89,4%
100,0%

100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%

2003, 2003 2004, ...

31

 18:
16

2003

2004

2,5% 44,6% 57,5% 75,9%

3,6% 39,8% 63,7%
1,7% 64,5%
2005
9,1%
2006
2003
2004

2007
2008
2009
2010
2011
2012
:

16

2005

()
2006
2007
2008
2009

88,9%
79,2%
80,4%
52,3%
14,7%

93,2%
87,1%
88,9%
75,3%
49,8%
8,0%

96,0%
95,1%
93,0%
83,5%
65,7%
47,7%
9,1%

2010

2011

98,1% 98,4%
96,4% 100,0%
96,5% 98,2%
87,7% 92,7%
75,5% 85,3%
63,1% 77,7%
37,5% 83,9%
2,9% 42,5%
10,6%

2012

100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%
100,0%

2003, 2003, 2003 2004, ...

32

 19:
17

2003

2004

2005

2006

2007
2008

2010

835,73 4.211,98 3.182,74 8.722,36 13.281,95 6.646,70 3.916,83 8.465,33

1.080,66 2.807,54 3.921,98 3.546,06 2.741,27 6.001,88 2.883,14
619,06 6.971,49 4.999,81 9.659,68 6.787,34 15.799,80
2005
2.109,00 3.286,78 7.158,09 6.390,97 15.476,31
2006
4.911,87 3.035,28 3.613,59 3.087,86
2007
2.780,63 3.525,06 3.411,42
2008
2.217,10 1.479,27
2009
1.122,33
2010
2003
2004

2011
2012
:

17

()
2009

2011

3.500,00
40.000,00
10.744,55
17.974,08
11.605,76
6.038,79
4.103,45
2.855,37
980,00

2012

20.000,00
0,00
32.350,00
15.950,16
52.610,10
15.005,61
5.106,18
6.908,41
3.225,07
2.516,64

2003, 2003, 2004 ...

33

 3: List of participants


.

HAICs Cargo and Hull committee wishes to thank the following insurance enterprises
members for their response to the questionnaire that supported the undertaken study.

20: (List of participants)

1. ...
2. ....
3. .....
4. .....
5. ....
6. ...
7. ....
8. ....
9. . ....
10. .....
11. ....
12. AIG EUROPE LTD
13. ALLIANZ ...
14. AXA ...
15. EUROLIFE ERB ....
16. ERGO ...
17. GENERALI HELLAS A.A.E.
18. GROUPAMA ...
19. HDI - GERLING INDUSTRIE VERSICHERUNG A.G.
20. INTERLIFE .....
21. PRIME INSURANCE LTD
22. ROYAL AND SUN ALLIANCE INS.PLC
23. T RINE EUROPE INS. LTD

34

Appendix 4: Executive summary

Total market premium in cargo insurance was decreased by 16.3% during 2012 and
amounted at 23.6 million . Loss ratio decreased to 25.6% from 26.3% in 2011.

40%

36,8%

35%
30%

26,3%

25,9%

24,3%

23,8%

25%
20%

25,6%
23,5%

23,4%
19,1%

15%

18,4%

10%

11,9%

5%
0%
2003

2004

2005

2006

Loss ratio

2007

2008

2009

2010

2011

2012

Average loss ratio 2003-2012

Average paid claim increased at 2,687 from 1,808 in 2011, while the average
outstanding claim was decreased from 6,740 in 2011 to 6,154 in 2012.
After the study of the data for the financial year 2012, it is noted that the ratio of
outstanding claims as a percentage of the premium production was increased from 79.6% in
2011 to 92.0% in 2012. At the same time, outstanding claims were increased as a percentage
of the claims that occurred during the year from 288.2% in 2011 to 349.7% in 2012.
According to the estimations of the chain-ladder method, which studies the evolution of
the claims, the reserves for the outstanding claims were satisfactory throughout the studied
period. From the same study, loss ratio is estimated at 35.0% and the average loss was 5,233
in 2012.
The following table depicts the most important figures in the Cargo insurance branch for
the years 2011-2012, as well as the most important ratios. The latter were a result of HAICs
research amongst the insurance enterprises - members which were active in cargo insurance
for the respective time period.

HAIC

Cargo insurance

HAIC

Total market
Insurance enterprises
Premium
Change
Paid claims
Change

2012
33
23.6 mil.
-16.3%
5.9 mil.
-3.1%

2011
34
28.2 mil.
-16.2%
6.0 mil.
-28.7%

HAICs research
Loss ratio
Average paid claim ()
Average outstanding claim for the year ()
Outstanding claims / Premium
Outstanding claims (end of the year) / Total
claims incurred (of the year)
Policy fees / Written premium
Sales acquisition cost / Premium

2012
25.6%
2,687
6,154
92.0%

2012
26.3%
1,808
6,740
79.6%

349.7%

288.2%

12.2%
23.0%

12.4%
23.8%

 -


53. 2012
2013
http://www.eaee.gr/cms/uploads/oikmel-property2012gr.pdf

52. 2012
2013
http://www.eaee.gr/cms/uploads/oikmel-motor2012gr.pdf

51. 2012
2013
http://www.eaee.gr/cms/uploads/oikmel-yacht2012gr.pdf

50. 2013
2013
http://www.eaee.gr/cms/uploads/oikmel-premium9months2013gr.pdf

49. 2012
2013
http://www.eaee.gr/cms/uploads/oikmel-companies2012gr.pdf

 -


48. 2012
2013
http://www.eaee.gr/cms/uploads/oikmel-legalexpenses2012gr.pdf

47. 2013
2013
http://www.eaee.gr/cms/uploads/oikmel-premium6months2013gr.pdf

46. 2012
2013
http://www.eaee.gr/cms/uploads/oikmel-claims2012gr.pdf

45. 2012
2013
http://www.eaee.gr/cms/uploads/oikmelGeneraLCivilLiability2012gr.pdf

44. 2012
2013
http://www.eaee.gr/cms/uploads/oikmel-premium2012totalgr.pdf

E.A.E.E.
H.A.I.C. Research and Statistics Department

, M.A.
, M.Sc., M.Res.

+30 210 33 34 104

+30 210 33 34 109

fasois@eaee.gr
cstathopoulos@eaee.gr


10 105 57 . 210 3334100 e-mail: info@eaee.gr