Matrix SA: How Banks Are “Shielded” Insurance-wise

The renewals of the banks’ reinsurance contracts in Greece continued in 2013, which are shielded against the fluctuations of the ongoing crisis, as emphasized in an interview by Mr. Dimitris Tsesmetzoglou, CEO of the Matrix Insurance & Reinsurance Brokers group.

In Greece, Matrix has captured a large portion of the market in covering financial and banking risks, where it holds a leading position with a market share of 65% – 70%.