Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, and CNP Cyprus, the leading insurance group in Cyprus, announced a five-year agreement renewal.According to a statement,...
Sale of motor vehicles in March dropped by 36.2% year on year in March affected by containment measures implemented by the government to curb the spread of the coronavirus pandemic. According to data...
Bank of Cyprus Holdings Public Limited Company (“BOC Holdings” announced it sold tis entire shareholding of 49.9% in its associate CNP Cyprus Insurance Holdings Limited (“CNP CIH”) to CNP Assurances...
The life and non life insurance premiums show stabilization according to new data released by the Insurance Association of Cyprus (IAC) for 2015. According to the latest figures, total gross...
Trust in life insurance companies is at its highest level since 2013 according to a new survey by StockWatch with a sample of 600 households. Based on the survey, trust in nine life insurance...
Insurance firms have recently begun to focus on pension plans as related legislation and tax treatment have been finalised just a few months ago. Pension plans are becoming increasingly important...
Investment fund returns of life insurance companies recorded positive yields in 2015 according to new data by the Association of Insurance companies. Based on the figures, large investment funds...
Cyprus is lagging behind in the area of pensions, according to the first executive director of CNP Cyprus Insurance Holdings Takis Phidias. In his comments during a press conference organized on the...
Insurance companies are inadequately controlled according to what the Auditor General of the Republic Odysseas Michaelides noted in the annual report for 2014, adding that estimates about their...
The situation in the life insurances sector shows signs of improvement during the first half of the year. Latest data by the insurance association of Cyprus shows that the total life insurance...