“Obligation for conclusion of business insurance for partial coverage of material damages caused by fire, flood, or earthquake, classified as natural catastrophes, applicable to businesses and vehicles” (Article drafted by Mara Vasileiou, Associate & Andreas Papastathis, Partner for Lexology on July 29, 2025) Law 5116/2024 introduces a landmark shift in Greece’s approach to managing natural...Read More

Greece – Insurance Regulatory and Market Update (July 2025) (Contribution by Alkistis Christofilou, Partner and Xenia Kretsovali, Associate, published in Thomson Reuters, Regulatory Intelligence, Country update – Greece: Insurance, July 2025)   We are pleased to announce the publication of the Greece Country Update – Insurance on Thomson Reuters, released in July 2025 and prepared by...Read More

New Publication: In-Depth – Insurance and Reinsurance Law (chapter drafted by Dr Dimitrios Chatzimichael, Partner, Xenia Kretsovali and Xenia Lymperopoulou,  Associates for Lexology-in Depth on June 2, 2025) We are pleased to share that Dr. Dimitrios Chatzimichael (Partner), Xenia Kretsovali, and Xenia Lymperopoulou (Associates) have contributed to the latest edition of Lexology In-Depth: Insurance and...Read More

“AI in insurance industry: applications, risks, and legal considerations” (article by M. Katsioti, and X. Kretsovali, Associates published on Lexology, May 6, 2025) AI in Insurance: Transforming Operations with Innovation, Regulation, and Trust Artificial Intelligence (AI) is rapidly reshaping the insurance industry. Over the past three years, it has evolved from a buzzword into a...Read More

Beneficiaries of insurance claims and beneficiaries of insurance money Two notions with an identical meaning The ambiguous notion of insurance money under Greek Law As early as 2001, EU law (Directive 2001/17 on the reorganization and winding-up of insurance undertakings, which has  been incorporated into Directive 2009/138) provided the definition of the concept of “insurance...Read More

Regulatory Innovation: Mystery Shoppers to Safeguard Consumers in the Financial Sector By virtue of a recently introduced provision (art. 77 of Law no. 5193/2025), the Bank of Greece (BoG), in its capacity as the supervisory authority of enterprises of the financial sector (credit institutions, insurance companies) was empowered to use the technique of “mystery shopping”...Read More

Remarks on the provisions of the new Greek Private Maritime Code. *Published in Commercial Law Review, 2023, p.1 ff Το δίκαιο της θαλάσσιας ασφάλισης κατά τον νέο Κώδικα Ιδιωτικού Ναυτικού Δικαίου Ιωάννης Κ. Ρόκας Η ασφαλιστική σύμβαση θαλάσσιων κινδύνων ρυθμίζεται  κυρίως από στερεότυπους διεθνείς ασφαλιστικούς όρους και πολύ περιορισμένα από τις  ειδικές διατάξεις  τόσο του...Read More

COUNTRY UPDATE – Serbia: Insurance 2024 (Contribution by Suzana Pavlovic, Jelena Pejovic and Mirjana Mladenovic Paripovic, Attorneys at Law in Rokas Belgrade, published in Thomson Reuters, Regulatory Intelligence, Country update – Serbia: Insurance, Oct 2024) In Serbia, the insurance sector is regulated primarily by the Law on Contracts and Torts and the Insurance Law. These...Read More

7th Edition of “Insurance Disputes” We are pleased to share the release of the 7th edition of Insurance Disputes by Lexology, a must-have resource for anyone involved in navigating the complex world of insurance conflict resolution. This updated edition offers comprehensive insights into how insurance disputes are evolving across different jurisdictions globally, making it an...Read More

(ΑΜL) Anti Money Laundering Regulation 2024/1624: Harmonizing Compliance Standards across the EU (article by A. Chatziiakovou, Associate and S. Getimi, Senior Associate published on Lexology, Sept 16, 2024) Introduction As illicit money flows can prove particularly damaging to the integrity, stability and prestige of the financial sector and threaten the EU’s internal market, targeted and...Read More