ERGO Insurance
A Munich Re subsidiary, 30 years in Greece.
ERGO has operated in the Greek market for 30 years, as a subsidiary of the international insurance and reinsurance group Munich Re.
ERGO Insurance has been active in the Greek insurance market for 30 years and continues to grow steadily.
It is a subsidiary of the international insurance and reinsurance group Munich Re, drawing on its support and technical expertise — which matters when the question is capacity to take on large or complex risks.
Its portfolio covers motor, home, health, life, travel, liability, legal protection, savings and investment. For businesses it also offers specialist products such as cyber, photovoltaic and transport cover.
- Years in Greece
- 30
- Parent group
- Munich Re
ERGO Insurance
Solvency and size
From the annual Solvency and Financial Condition Report (SFCR) the company publishes itself, as required under the Solvency II framework.
- Solvency ratio (SCR)
- 146.6%
- MCR coverage ratio
- 297.5%
- Eligible own funds
- €255.2m
- Capital requirement (SCR)
- €174.1m
How many times available capital covers what the regulator requires. The further above 100%, the wider the buffer.
100% is the regulatory minimum: capital exactly covers the requirement.
| Year | Solvency ratio (SCR) | MCR coverage ratio | Eligible own funds | Gross written premiums |
|---|---|---|---|---|
| 2024 | 146.6% | 297.5% | €255.2m | — |
| 2023 | 143% | 277.2% | €250.3m | €275.7m |
| 2022 | 136.2% | 259.8% | €227.5m | €255.3m |
Source: ERGO Ασφαλιστική — Έκθεση Φερεγγυότητας 2024.
- ergohellas.gr
The information on this page comes from what the company publishes itself. It is not insurance advice and does not replace the policy wording.
Let’s find the right coverage together.
We start with the right brief and continue with a clear, independent recommendation.
