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Greece: Good prospects seen for catastrophe insurance

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Prospects for property insurance against natural catastrophes look good in Greece as recent disasters are expected to push up insurance take-up, Ethnos.gr reported.

Industry players expect a gradual increase in policy sales as catastrophe risks related to climate change are on the rise. Meanwhile, Alexander Sarrigeorgiou, head of a Greek insurance association, said the country's private insurance sector is set to see some changes in 2015 after some planned reforms are implemented.

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