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ETHNIKI Hellenic General Insurance Company

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Year established

1891

Location

Athens Greece

Primary Industry

Insurance

About

Founded in 1891 and based in ETHNIKI Hellenic General Insurance Company is a provider of private and business insurance. The company was created in connection with the National Bank of Greece, which was the main shareholder. The company offers private insurance and insurance for business, with plans that cover insurance for individuals including national, life protection, savings investments, health, pension, child, movement, property, civil liability. For businesses, the plans cover company, tourism, school, group insurance, civil liability, and other special risks. The company plans to separate its operations from the national bank of Greece and establish itself as a standalone company.
Current Investors
CVC

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Primary Industry
Insurance
Sub Industries
Personal Insurance, Life Insurance, Commercial Insurance
Website
www.ethniki-asfalistiki.gr
Company Stage
Mature - Buyout
Total Amount Raised
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Timeline of Key Events

TimeLine Events

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Deals

Deals Type
Buyout
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed ETHNIKI Hellenic General Insurance Company 26 Mar 2021
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