We are one of the leading insurance groups in Greece, with about 13% share of the total life and general insurance market for 2022.
We started our business in 2000, under the ownership of Eurobank.
In December 2015, Fairfax Financial Holdings Limited, an international investment group, with significant experience and expertise in the insurance industry, placed its trust on us.
As of July 2021, Fairfax Financial Holdings Limited wholly owns 80% of the Group. The ultimate parent undertaking of the group at EU level (article 173 of L. 4364/2016 implementing article 215 of DIRECTIVE 2009/138/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL) is Colonnade Finance S.à r.l., located in Luxembourg. The Colonnade Finance S.à r.l. group is supervised by the Department of Private Insurance Supervision of Bank of Greece and you can find its solvency and financial condition report as at 31/12/2022 here.
Our Greek subsidiaries operate in the Life and General Insurance industries, offering products of all major insurance sectors, with more than 500,000 customers.