03 February 2020
IFRS 17 Insurance Contract (International Financial Reporting Standards) is the new accounting standards for insurance contracts. IFRS 17 was introduced on May 2017 by International Accounting Standards Board (IASB) and it is a profound development on setting out a common global accounting standard on measurement, recognition of profit and loss, presentation and disclosure of insurance contracts.Read More
08 July 2019
In the Compensations booklet below, you may find a summary of all rulings issued by the Cypriot courts in 2018, in which compensations were awarded for damages resulting from any form of accident. The purpose of this report is to give an indication of the amount of compensation given for various accident cases.Read More
08 July 2019
In the Compensations booklet below, you may find a summary of all rulings issued by the Cypriot courts in 2018, in which compensations were awarded for damages resulting from any form of accident. The purpose of this report is to give an indication of the amount of compensation given for various accident cases.
24 June 2019
Following an audit carried out in the insurance sector, the Commissioner for Personal Data Protection (the Commissioner) published her findings about the improvements to be made and accomplished before the end of June.Read More
13 May 2019
The proposal, as submitted by the Commission, seeks to amend the Motor Insurance Directive (2009/103/EC) in five specific areas: (i) insolvency of the insurer; (ii) claims history; (iii) risks due to uninsured driving; (iv) minimum amounts of cover; and (v) scope of the Directive.Read More
21 August 2018Read More
31 October 2016Read More
20 February 2013Read More
26 November 2012Read More
30 July 2012Read More
22 September 2020
The efficiency of the regulatory framework of Solvency II is being tested by the crisis caused by the outbreak of the COVID-19 pandemic.Read More
27 March 2020
The outbreak of coronavirus (COVID- 19) has created a new reality, and its impact cannot be foreseen due to its uniqueness and lack of historical data. This evolving situation developed by coronavirus raises concerns about the impact on global economy, markets’ volatility and the consequences on the insurance sector.Read More
19 June 2020
Harris Kyriakides LLC contributes the Cyprus chapter in the International Comparative Legal Guide to: Product Liability 2020.Read More
01 June 2020
In our Compensations booklet for 2019, you may find a summary of all rulings issued by the Cypriot courts in 2019, in which compensations were awarded for damages resulting from any form of accident.Read More
02 October 2017Read More
20 January 2016Read More
10 March 2014Read More
23 January 2012Read More
18 April 2019
We are proud for being recommended by The Legal 500 in Dispute Resolution, EU and competition and Real estate and Construction.Read More
24 April 2017
Michalis Kyriakides, a partner at Harris Kyriakides LLC, has been identified by “Who’s Who Legal” 2017Read More
27 January 2014
We operate one of the largest insurance and personal injury practices in Cyprus with an unmatched high client satisfaction rate. We represent individuals, major insurance companies as well as private corporations active in the insurance sector. We also represent overseas insurance companies and international corporations that operate in insurance led industries for major jurisdictions and international financial centres.
Our civil trial practice covers a broad range of contentious matters:
When we act on behalf of defendants, our team always seeks to identify fraudulent and exaggerated claims from an early stage. Moreover, we deliver early stage liability advice and aim to achieve an early cost-effective settlement and engage in constructive communications with claimants in order to achieve an early resolution. If, however, claims are led to a trial, our experienced litigation team provides representation that truly protects the interests of our clients.
If you have suffered an injury as a result of a traffic or workplace accident, medical malpractice, a defective product, nursing home abuse, an animal bite, or if your case relates to any of the aforementioned practices, you should consider getting advice from one of our personal injury lawyers. Our legal team can help you claim compensation so that you can use the money claimed towards medical expenses, lost salaries, pain and suffering, temporary or permanent disability and other injury-related expenses. We offer a free initial consultation so that we will be able to tell you if you have a justifiable claim, how likely your case is to succeed and what the value of your claim may be. We have assembled a team of dedicated legal professionals, who can visit you wherever you are and confidently guide you throughout the whole process.
In regard to non contentious matters, we regularly advise and opine on liability and quantum issues subject to the Cyprus law as well as other matters related to Cyprus insurance law. We also deal with matters related to coverage opinions, claims analysis, regulatory compliance and endorsements.