The insurance companies of
Both insurance companies, EFG Eurolife Life Insurance SA and EFG Eurolife General Insurance SA are 100% subsidiaries of
The companies achieved 27% growth rate in profitability with €38,6 million total profit before taxes, according to the International Financial Reporting Standards.
Both companies maintain increased reserves and their net worth shows a 118% surplus versus the minimum required solvency margin.
EFG Eurolife Life Insurance SA is ranked first in Life Insurance market in Greece with 19% market share, €366 million premium production (45% growth rate) and €30,2 million profit before tax (30% growth rate).
The premium production of EFG Eurolife General Insurance SA in 2005 was €20 million (26% growth rate) and profit before taxes €8,4 million.