Cyprus Mail
Business

Insurance premiums continued downward trend in 2014

Stephie Drakou, director general of the Insurance Association of Cyprus

By Stelios Orphanides

Insurance companies saw their overall premiums in the life and non-life business drop 4.7 per cent and 1.9 per cent respectively in 2014 after they dropped 9 per cent and 6.1 per cent the previous year.

“Based on the latest figures on the insurance company earnings, the picture has significantly improved, which is indicative of the gradual and steady recovery of the insurance industry,” Stephie Drakou, director general of the Insurance Association of Cyprus said on Tuesday.

Related Posts

What is cryptocurrency mining, and name some of the leading mining pools?

.

Harry Potter publisher expects bumper profits amid reading boom

Reuters News Service

Oil hits highest since 2014 on Russia-Ukraine tension

Reuters News Service

Bitcoin halving: Everything you should know!

.

What will happen when Ethereum 2.0 launches?

.

Lebanon plans to adopt ‘realistic exchange rate’ in 2022 budget

Reuters News Service