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Ethniki Asfalistiki (National Insurance)

Ethniki Asfalistiki (Ethniki Hellenic General Insurance Company)

88Score

★★★☆☆3.8

Customer satisfaction · 1.5M members

EAEE: Historic Greek Insurer(2025)

Ethniki Asfalistiki is Greece's oldest insurance company (founded 1891), acquired by Piraeus Bank in 2025 for EUR 469 million. Now part of the largest banking-insurance group in Greece with EUR 4B+ assets, it offers a full range of health, life, and property insurance through an extensive agent network.

Overall Score

88/100

Founded

1891

Headquarters

Athens

Type

private

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Key Metrics

Founded

1891 (Greece's oldest insurer)

Acquired By

Piraeus Bank (EUR 469M, 2025)

Group Assets

EUR 4B+

Agent Network

Extensive across Greece

Editorial Ratings

EAEE: Historic Greek Insurer(2025)

Rating: Oldest Greek Insurer — Piraeus Bank Acquisition (EUR 469M) (max: #1)

88EAEE

Coverage Highlights

✓Greece's oldest insurance company (1891)
✓Now part of Piraeus Bank group (EUR 4B+ assets)
✓Full range of health, life, and property insurance
✓Extensive agent network across Greece
✓English website available

Pros

✓Oldest Greek insurer — strong brand recognition
✓Backed by Piraeus Bank (major banking group)
✓Extensive agent network
✓English website available

Cons

✗Post-acquisition transition period
✗Legacy systems may affect service
✗Public system heritage in service culture

Frequently Asked Questions

Who owns Ethniki Asfalistiki now?

Ethniki Asfalistiki was acquired by Piraeus Bank in 2025 for EUR 469 million, making it part of the largest banking-insurance group in Greece.

Is Ethniki Asfalistiki the oldest insurer in Greece?

Yes. Ethniki Asfalistiki was founded in 1891 and is Greece's oldest insurance company.

Does Ethniki offer English support?

Yes. Ethniki Asfalistiki provides an English-language website at ethnikiasfalistiki.gr/en.

Quick Summary

InsurerEthniki Asfalistiki (National Insurance)

Country🇬🇷 Greece

Overall Score88/100

Satisfaction3.8/5

Members1.5M

Typeprivate

Founded1891

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