Strict underwriting criteria and rising rates are set to push American Hellenic Hull Insurance Co into profitability just three years after it launched, according to chief executive Ilias Tsakiris.
The insurer was set up in Cyprus and Greece under the ownership and management of the American Club protection and indemnity mutual.
It is based on legacy business inherited from the former Hellenic Hull Mutual Association, which was shuttered in 2015.
