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ARTICLE · 14 AUGUST 2025

Secondary Legislation On Mandatory Insurance Coverage Against Natural Disasters

Bernitsas
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Our Insurance Briefing Special Edition covers recent development in insurance legislation in relation to the secondary legislation on mandatory insurance coverage against natural disasters...

GreeceInsurance
Evi Kitsou
Evi Kitsou
Penny Brouma
Penny Brouma
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Our Insurance Briefing Special Edition covers recent development in insurance legislation in relation to the secondary legislation on mandatory insurance coverage against natural disasters, including:

A. Introduction

  1. Recently introduced Joint Ministerial Decisions No. 968061 and 947982 have provided significant clarifications on the provisions of Law 5162/2024 as amended by Law 5116/2024 (the Law), which entered into force on 1 June 20253, regarding mandatory insurance coverage against specific natural disasters for large companies with an annual gross revenue of over €500k in the previous tax year4 as well as for vehicles5.

B. Insurance Against Natural Disasters for Companies

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