Insurer profile

Groupama Phoenix Hellenic Insurance Company S.A.

Groupama Phoenix Hellenic Insurance Company S.A. · Greece

Founded 1928Nea Smyrni, Athens, GreeceLast verified Oct 8, 2026

Overview

Groupama Asfalistiki is one of the key players in the Greek insurance market, operating since 1928 as a multi-line insurer covering motor, property, health, life, travel, and marine insurance for some 260,000 customers across Greece. Since 2007 it is a 100% subsidiary of the French Groupama Group.

Source

13

Products in this market

3

Offer pages

Company details

Parent group
Groupama S.A.
Regulator
Bank of Greece – Directorate of Private Insurance Supervision (DEIA)
Phone
+30 210 329 5111
Official website

Products from Groupama Phoenix Hellenic Insurance Company S.A.

Regulatory updates

The Bank of Greece remains the competent prudential supervisor of Groupama Asfalistiki under Solvency II. According to the company's 2025 Solvency and Financial Condition Report, Groupama Asfalistiki recorded gross written premiums of €211.5 million in 2025 (up 6.7% year-on-year) and its Solvency Capital Requirement (SCR) coverage ratio stood at 145.4%, up 7.8 percentage points versus 2024, while the company returned to a positive pre-tax result for the year. Separately, in late 2025 the Hellenic Association of Insurance Companies and the Bank of Greece (DEIA) were made aware of market tension after insurers including Groupama and Ethniki Asfalistiki moved to cut commissions paid to roughly 20,000 insurance intermediaries, prompting intermediary associations to seek meetings with the supervisory authority.

Reputation and reviews

Facebook

19,830 likes

Offer pages

Casco (own-damage car insurance)

casco (own-damage car insurance) from Groupama for the Greece market, with online purchase and 24/7 assistance.

Last verified Aug 13, 2026

Motor third-party liability

motor third-party liability insurance from Groupama for the Greece market, with online purchase and 24/7 assistance.

Last verified Aug 13, 2026

Travel insurance

travel insurance from Groupama for the Greece market, with online purchase.

Last verified Aug 18, 2026