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Cyprus maintains a highly developed insurance sector which is growing alongside the banking and international investment business. All insurance business, except for the Social Insurance Scheme which is operated by the Cyprus government, is operated by the private sector, comprising nearly 50 insurance/reinsurance undertakings incorporated in Cyprus: Cyprus benefits from a sound legal and regulatory framework, safeguarding insurance/reinsurance operations through efficient supervisory and monitoring bodies. Click to open document

Chapter Insurance Law 2013 Cyprus.pdf

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