23 February 2021
Business Interruption COVID-19 Test Case.
Read MoreCompensations in accident cases
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 MoreProposal regarding the Motor Insurance Directive
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 MoreWork accidents and Personal Injuries Claims: Recent judgments by the Supreme Court of Cyprus
21 August 2018
Read MoreCyprus has a highly developed insurance industry. As an EU member state, Cyprus benefits from a sound legal and regulatory framework which has been harmonised with the provisions of relevant directives. Insurance companies are regulated by the Insurance Company Control Service (ICCS) which is responsible for the supervision of the operations of insurance undertakings and the implementation of the Insurance Services and other Related Issues Laws of 2002-2011 and the Insurance Services and other Related Issues Regulations of 2002-2009. All the powers of the insurance laws are conferred upon the Superintendent of Insurance who is assisted by two Assistant Superintendents of Insurance.
Harris Kyriakides through the specialised knowledge and experience of its insurance department, which is one of the largest in Cyprus, can advise local and international companies that operate in the Insurance and Risk Management sector. Our team also provides advice on insurance related contract disputes and risk management.
Follow us
1 Kinyra Street, 5th floor
1102 Nicosia
115 Faneromenis Avenue,
Antouanettas Building
6031 Larnaca
12 Platonos Street,
3027 Limassol
4 Nicou Nicolaidi & Kinyra,
2nd floor, 8011 Paphos
164A Georgiou Gourounia,
1st floor, 5289 Paralimni