European Reliance General Insurance Co. ( el, Ευρωπαϊκή Πίστη Α.Ε.Γ.Α) is a
Greek insurance company which is based in
Athens
Athens ( ; el, Αθήνα, Athína ; grc, Ἀθῆναι, Athênai (pl.) ) is both the capital and largest city of Greece. With a population close to four million, it is also the seventh largest city in the European Union. Athens dominates ...
, Greece.
History
Founded in 1977, it is one of the largest insurance companies in Greece. It is listed on the
Athens Stock Exchange
The Athens Stock Exchange (ASE or ATHEX; el, Χρηματιστήριο Αθηνών (Χ.Α.), ''Chrimatistírio Athinón'') is the stock exchange of Greece, based in the capital city of Athens. It was founded in 1876. There are currently five ...
and has as a slogan the phrase "Pays immediately", which expresses how it prioritizes consistency at the difficult moments.
The Company manages a portfolio of more than 650,000 insurance policies, a turnover of more than € 223 million and an investment portfolio that exceeds € 408 million, with A− to AA+ credit rating. Over the past 43 years, it has zero overdue debts, a high solvency ratio and sufficient insurance reserves.
With a sales network that counts more than 5,600 Insurance Agents and more than 110 Retail Offices, serving the needs of more than 662,972 contracts, the Company stands strong in the Greek insurance market, to meet its obligations, according to client's requests.
In February 2022, it was announced the
German
German(s) may refer to:
* Germany (of or related to)
**Germania (historical use)
* Germans, citizens of Germany, people of German ancestry, or native speakers of the German language
** For citizens of Germany, see also German nationality law
**Ger ...
multinational financial services company,
Allianz
Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management.
The company is one of the world's largest insurers and financial services groups. The ...
, had acquired 72% of European Reliance for €207 million.
References
External links
*{{Official website, https://www.europaikipisti.gr/en
Financial services companies established in 1977
Companies based in Athens
Insurance companies of Greece
Greek brands
Greek companies established in 1977
Companies listed on the Athens Exchange