• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Life Insurance in Cyprus, Key Trends and Opportunities to 2017 - Product Image

Life Insurance in Cyprus, Key Trends and Opportunities to 2017

  • Published: March 2014
  • Region: Cyprus
  • 205 Pages
  • Timetric

FEATURED COMPANIES

  • Allianz Hellas SA
  • Alpha Insurance
  • Ethniki Insurance
  • Euro Life Ltd
  • Hellenic Alico Life
  • Laiki CypriaLife
  • MORE

The report provides in-depth market analysis, information and insights into the Cypriot life insurance segment, including:

- The Cypriot life insurance segment’s growth prospects by life insurance categories

- Key trends and drivers for the life insurance segment

- The various distribution channels in the Cypriot life insurance segment

- The detailed competitive landscape in the life insurance segment in Cyprus

- Detailed regulatory framework of the Cypriot insurance industry

- A description of the life reinsurance segment in Cyprus

- Porter's Five Forces analysis of the life insurance segment

Summary

After remaining largely unscathed by the global financial and eurozone debt crisis, the Cypriot banking sector succumbed to pressure in 2012 triggered by huge losses from investments in Greek sovereign and corporate bonds. The depressed economic environment led to a sharp decline in employment levels, leading to erosion in consumer confidence and spending.

The recessionary economic conditions eroded demand for life insurance products with the segment’s gross written premium falling by 7.1% in 2012. The READ MORE >

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Cypriot Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2008- 2017
3.2 Key Trends and Drivers
3.3 Key Challenges
3.4 Recent Developments

4 Life Insurance Outlook
4.1 Consumer Segmentation
4.2 Life Insurance Growth Prospects by Category
4.2.1 Individual life insurance
4.2.2 Individual unit-linked insurance
4.2.3 Group life insurance
4.3 Life Insurance Growth Prospects by Product Type
4.3.1 Individual single-premium policies
4.3.2 Individual non-single-premium policies
4.3.3 Group non-single-premium policies

5 Analysis by Distribution Channel
5.1 Direct Marketing
5.2 Bancassurance
5.3 Agencies
5.4 E-commerce
5.5 Brokers
5.6 Other Channels

6 Porter’s Five Forces Analysis - Cypriot Life Insurance
6.1 Bargaining Power of Suppliers: Medium to High
6.2 Bargaining Power of Buyers: Medium
6.3 Barriers to Entry: Medium
6.4 Intensity of Rivalry: High
6.5 Threat of Substitutes: Low to Medium

7 Reinsurance Growth Dynamics and Challenges
7.1 Reinsurance Segment Size by Type of Insurance, 2008- 2017

8 Governance, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Legislation Trends by Type of Insurance
8.2.1 Life insurance regulatory trends
8.2.2 Property insurance regulatory trends
8.2.3 Motor insurance regulatory trends
8.2.4 Liability insurance regulatory trends
8.2.5 Marine, aviation and transit insurance regulatory trends
8.2.6 Personal accident insurance regulatory trends
8.2.7 Health insurance regulatory trends
8.3 Compulsory Insurance
8.3.1 Social Insurance
8.3.2 Motor Insurance
8.4 Supervision and Control
8.4.1 International Association of Insurance Supervisors
8.4.2 European Insurance and Occupational Pensions Authority
8.4.3 Insurance Companies control Service
8.5 Non-Admitted Insurance Regulatory
8.5.1 Overview
8.5.2 Intermediaries
8.5.3 Market Practices
8.5.4 Fines and Penalties
8.6 Company Registration and Operations
8.6.1 Types of Insurance Organisation
8.6.2 Establishing a local company
8.6.3 Foreign Ownership
8.6.4 Types of License
8.6.5 Capital Requirements
8.6.6 Solvency Margins
8.6.7 Reserve Requirements
8.6.8 Investment Regulations
8.6.9 Policy Terms and Conditions
8.7 Taxation
8.7.1 Insurance Premium or Policy Taxation
8.7.2 Corporate Tax
8.7.3 VAT
8.7.4 Captives
8.8 Legal System
8.8.1 Introduction
8.8.2 Access to Court
8.8.3 Alternative Dispute Resolution (ADR)

9 Competitive Landscape and Strategic Insights
9.1 Overview
9.2 Leading Companies in the Cypriot Life Insurance Segment
9.3 Comparison of the Top Five Insurers
9.3.1 Gross written premium
9.3.2 Net earned premium
9.3.3 Gross claims
9.3.4 Paid claims
9.3.5 Total investment income
9.4 Euro Life Ltd - Company Overview
9.4.1 Euro Life Ltd - key facts
9.4.2 Euro Life Ltd - key financials
9.5 Laiki CypriaLife - Company Overview
9.5.1 Laiki CypriaLife - key facts
9.5.2 Laiki CypriaLife - key financials
9.6 Universal Life Insurance Public Company Ltd - Company Overview
9.6.1 Universal Life Insurance Public Company Ltd - key facts
9.6.2 Universal Life Insurance Public Company Ltd - key financials
9.7 MetLife Alico - Company Overview
9.7.1 MetLife Alico - key facts
9.7.2 MetLife Alico - key financials
9.8 Prime Insurance Company Ltd - Company Overview
9.8.1 Prime Insurance Company Ltd - key facts
9.8.2 Prime Insurance Company Ltd - key financials
9.9 Allianz Hellas SA - Company Overview
9.9.1 Allianz Hellas SA - key facts
9.9.2 Allianz Hellas SA - key financials
9.1 Alpha Insurance - Company Overview
9.10.1 Alpha Insurance - key facts
9.10.2 Alpha Insurance - key financials
9.11 Hellenic Alico Life - Company Overview
9.11.1 Hellenic Alico Life - key facts
9.11.2 Hellenic Alico Life - key financials
9.12 Ethniki Insurance (Cyprus) Ltd - Company Overview
9.12.1 Ethniki Insurance (Cyprus) Ltd - key facts
9.12.2 Ethniki Insurance (Cyprus) Ltd - key financials
9.13 Liberty Life Insurance Public Co. Ltd - Company Overview
9.13.1 Liberty Life Insurance Public Co. Ltd - key facts
9.13.2 Liberty Life Insurance Co. Ltd - key financials

10 Business Environment and Country Risk
10.1 Business Confidence
10.1.1 Market capitalization trend - Cyprus Stock Exchange (CSE)
10.2 Economic Performance
10.2.1 GDP at constant prices (US$)
10.2.2 GDP per capita at constant prices (US$)
10.2.3 GDP at current prices (US$)
10.2.4 GDP per capita at current prices (US$)
10.2.5 Inflation rate
10.2.6 Merchandise Exports as a percentage of GDP
10.2.7 Merchandise Imports as a percentage of GDP
10.2.8 Merchandise Exports Growth
10.2.9 Merchandise Imports Growth
10.3 Infrastructure
10.3.1 Commercial vehicles exports - total value
10.3.2 Commercial vehicles imports - total value
10.3.3 Automotive exports - total value
10.3.4 Automotive imports - total value
10.3.5 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Total population
10.5.2 Urban and rural population
10.5.3 Age distribution of the total population

11 Appendix
11.1 Methodology
11.2 Contact
11.3 About
11.4 Services
11.5 Disclaimer

List of Tables

Table 1: Insurance Industry Definitions
Table 2: Cypriot Insurance - Overall Written Premium by Segment (EUR Million), 2008- 2012
Table 3: Cypriot Insurance - Overall Written Premium by Segment (US$ Million), 2008- 2012
Table 4: Cypriot Insurance - Overall Written Premium by Segment (EUR Million), 2012- 2017
Table 5: Cypriot Insurance - Overall Written Premium by Segment (US$ Million), 2012- 2017
Table 6: Cypriot Insurance - Segmentation (% Share), 2008- 2017
Table 7: Cypriot Life Insurance - Written Premium by Category (EUR Million), 2008- 2012
Table 8: Cypriot Life Insurance - Written Premium by Category (US$ Million), 2008- 2012
Table 9: Cypriot Life Insurance - Written Premium by Category (EUR Million), 2012- 2017
Table 10: Cypriot Life Insurance - Written Premium by Category (US$ Million), 2012- 2017
Table 11: Cypriot Life Insurance - Earned Premium (EUR Million), 2008- 2012
Table 12: Cypriot Life Insurance - Earned Premium (EUR Million), 2012- 2017
Table 13: Cypriot Life Insurance - Sum Assured (EUR Billion), 2008- 2012
Table 14: Cypriot Life Insurance - Sum Assured (EUR Billion), 2012- 2017
Table 15: Cypriot Life Insurance - Paid Claims (EUR Million), 2008- 2012
Table 16: Cypriot Life Insurance - Paid Claims (EUR Million), 2012- 2017
Table 17: Cypriot Life Insurance - Incurred Loss (EUR Million), 2008- 2012
Table 18: Cypriot Life Insurance - Incurred Loss (EUR Million), 2012- 2017
Table 19: Cypriot Life Insurance - Loss Ratio (%), 2008- 2012
Table 20: Cypriot Life Insurance - Loss Ratio (%), 2012- 2017
Table 21: Cypriot Life Insurance - Commissions and Expenses (EUR Million), 2008- 2012
Table 22: Cypriot Life Insurance - Commissions and Expenses (EUR Million), 2012- 2017
Table 23: Cypriot Life Insurance - Combined Ratio (%), 2008- 2012
Table 24: Cypriot Life Insurance - Combined Ratio (%), 2012- 2017
Table 25: Cypriot Life Insurance - Frauds and Crimes (EUR Million), 2008- 2012
Table 26: Cypriot Life Insurance - Frauds and Crimes (EUR Million), 2012- 2017
Table 27: Cypriot Life Insurance - Total Assets (EUR Billion), 2008- 2012
Table 28: Cypriot Life Insurance - Total Assets (EUR Billion), 2012- 2017
Table 29: Cypriot Life Insurance - Total Investment Income (EUR Million), 2008- 2012
Table 30: Cypriot Life Insurance - Total Investment Income (EUR Million), 2012- 2017
Table 31: Cypriot Life Insurance - Retentions (EUR Million), 2008- 2012
Table 32: Cypriot Life Insurance - Retentions (EUR Million), 2012- 2017
Table 33: Cypriot Individual Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 34: Cypriot Individual Life Insurance - Number of Active Policies, 2012- 2017
Table 35: Cypriot Individual Life Insurance - Written Premium (EUR Million), 2008- 2012
Table 36: Cypriot Individual Life Insurance - Written Premium (EUR Million), 2012- 2017
Table 37: Cypriot Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 38: Cypriot Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 39: Cypriot Individual Unit-Linked Insurance - Written Premium (EUR Million), 2008- 2012
Table 40: Cypriot Individual Unit-Linked Insurance - Written Premium (EUR Million), 2012- 2017
Table 41: Cypriot Group Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 42: Cypriot Group Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 43: Cypriot Group Life Insurance - Written Premium (EUR Million), 2008- 2012
Table 44: Cypriot Group Life Insurance - Written Premium (EUR Million), 2012- 2017
Table 45: Cypriot Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 46: Cypriot Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 47: Cypriot Individual Single-Premium Insurance - Written Premium (EUR Million), 2008- 2012
Table 48: Cypriot Individual Single-Premium Insurance - Written Premium (EUR Million), 2012- 2017
Table 49: Cypriot Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 50: Cypriot Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 51: Cypriot Individual Non-Single-Premium Insurance - Written Premium (EUR Million), 2008- 2012
Table 52: Cypriot Individual Non-Single-Premium Insurance - Written Premium (EUR Million), 2012- 2017
Table 53: Cypriot Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 54: Cypriot Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 55: Cypriot Group Non-Single-Premium Insurance - Written Premium (EUR Million), 2008- 2012
Table 56: Cypriot Group Non-Single-Premium Insurance - Written Premium (EUR Million), 2012- 2017
Table 57: Cypriot Life Insurance - Direct Marketing Commission Paid (EUR Million), 2008- 2012
Table 58: Cypriot Life Insurance - Direct Marketing Commission Paid (EUR Million), 2012- 2017
Table 59: Cypriot Life Insurance - New Business Written Premium Through Direct Marketing (EUR Million), 2008- 2012
Table 60: Cypriot Life Insurance - New Business Written Premium Through Direct Marketing (EUR Million), 2012- 2017
Table 61: Cypriot Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2008- 2012
Table 62: Cypriot Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2012- 2017
Table 63: Cypriot Life Insurance - Number of Direct Marketing Distributors, 2008- 2012
Table 64: Cypriot Life Insurance - Number of Direct Marketing Distributors, 2012- 2017
Table 65: Cypriot Life Insurance - Bancassurance Commission Paid (EUR Million), 2008- 2012
Table 66: Cypriot Life Insurance - Bancassurance Commission Paid (EUR Million), 2012- 2017
Table 67: Cypriot Life Insurance - New Business Written Premium Through Bancassurance (EUR Million), 2008- 2012
Table 68: Cypriot Life Insurance - New Business Written Premium Through Bancassurance (EUR Million), 2012- 2017
Table 69: Cypriot Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008- 2012
Table 70: Cypriot Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012- 2017
Table 71: Cypriot Life Insurance - Number of Bancassurance Distributors, 2008- 2012
Table 72: Cypriot Life Insurance - Number of Bancassurance Distributors, 2012- 2017
Table 73: Cypriot Life Insurance - Commission Paid to Agencies (EUR Million), 2008- 2012
Table 74: Cypriot Life Insurance - Commission Paid to Agencies (EUR Million), 2012- 2017
Table 75: Cypriot Life Insurance - New Business Written Premium Through Agencies (EUR Million), 2008- 2012
Table 76: Cypriot Life Insurance - New Business Written Premium Through Agencies (EUR Million), 2012- 2017
Table 77: Cypriot Life Insurance - New Policies Sold Through Agencies (Thousand), 2008- 2012
Table 78: Cypriot Life Insurance - New Policies Sold Through Agencies (Thousand), 2012- 2017
Table 79: Cypriot Life Insurance - Number of Agencies, 2008- 2012
Table 80: Cypriot Life Insurance - Number of Agencies, 2012- 2017
Table 81: Cypriot Life Insurance - E-Commerce Commission Paid (EUR Million), 2008- 2012
Table 82: Cypriot Life Insurance - E-Commerce Commission Paid (EUR Million), 2012- 2017
Table 83: Cypriot Life Insurance - New Business Written Premium Through E-Commerce (EUR Million), 2008- 2012
Table 84: Cypriot Life Insurance - New Business Written Premium Through E-Commerce (EUR Million), 2012- 2017
Table 85: Cypriot Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2008- 2012
Table 86: Cypriot Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2012- 2017
Table 87: Cypriot Life Insurance - Number of E-Commerce Distributors, 2008- 2012
Table 88: Cypriot Life Insurance - Number of E-Commerce Distributors, 2012- 2017
Table 89: Cypriot Life Insurance - Commission Paid to Brokers (EUR Million), 2008- 2012
Table 90: Cypriot Life Insurance - Commission Paid to Brokers (EUR Million), 2012- 2017
Table 91: Cypriot Life Insurance - New Business Written Premium Through Brokers (EUR Million), 2008- 2012
Table 92: Cypriot Life Insurance - New Business Written Premium Through Brokers (EUR Million), 2012- 2017
Table 93: Cypriot Life Insurance - New Policies Sold Through Brokers (Thousand), 2008- 2012
Table 94: Cypriot Life Insurance - New Policies Sold Through Brokers (Thousand), 2012- 2017
Table 95: Cypriot Life Insurance - Number of Brokers, 2008- 2012
Table 96: Cypriot Life Insurance - Number of Brokers, 2012- 2017
Table 97: Cypriot Life Insurance - Commission Paid to Other Channels (EUR Million), 2008- 2012
Table 98: Cypriot Life Insurance - Commission Paid to Other Channels (EUR Million), 2012- 2017
Table 99: Cypriot Life Insurance - New Business Written Premium Through Other Channels (EUR Million), 2008- 2012
Table 100: Cypriot Life Insurance - New Business Written Premium Through Other Channels (EUR Million), 2012- 2017
Table 101: Cypriot Life Insurance - New Policies Sold Through Other Channels (Thousand), 2008- 2012
Table 102: Cypriot Life Insurance - New Policies Sold Through Other Channels (Thousand), 2012- 2017
Table 103: Cypriot Life Insurance - Number of Distributors in Other Channels, 2008- 2012
Table 104: Cypriot Life Insurance - Number of Distributors in Other Channels, 2012- 2017
Table 105: Cypriot Premium Ceded to Reinsurance by Type of Insurance (EUR Million), 2008- 2012
Table 106: Cypriot Premium Ceded to Reinsurance by Type of Insurance (US$ Million), 2008- 2012
Table 107: Cypriot Premium Ceded to Reinsurance by Type of Insurance (EUR Million), 2012- 2017
Table 108: Cypriot Premium Ceded to Reinsurance by Type of Insurance (US$ Million), 2012- 2017
Table 109: Cypriot Life Insurance - Percentage of Reinsurance Ceded (%), 2008- 2012
Table 110: Cypriot Life Insurance - Percentage of Reinsurance Ceded (%), 2012- 2017
Table 111: Capital Requirements for Insurers in Cyprus
Table 112: Other Corporate Tax Rates in Cyprus
Table 113: Shares of Key Insurers in the Cyprus Life Segment (%), 2012
Table 114: Euro Life Ltd, Key Facts
Table 115: Euro Life Ltd, Key Financials (EUR Million), 2008- 2012
Table 116: Laiki CypriaLife, Key Facts
Table 117: Laiki CypriaLife, Key Financials (EUR million), 2008- 2012
Table 118: Universal Life Insurance Public Company Ltd, Key Facts
Table 119: Universal Life Insurance Public Company Ltd, Key Financials (EUR million), 2008- 2012
Table 120: MetLife Alico, Key Facts
Table 121: MetLife Alico, Key Financials (EUR million), 2008- 2012
Table 122: Prime Insurance Company Ltd, Key Facts
Table 123: Prime Insurance Company Ltd, Key Financials (EUR million), 2008- 2012
Table 124: Allianz Hellas SA, Key Facts
Table 125: Allianz Hellas SA, Key Financials (EUR million), 2008- 2012
Table 126: Alpha Insurance, Key Facts
Table 127: Alpha Insurance, Key Financials (EUR million), 2008- 2012
Table 128: Hellenic Alico Life, Key Facts
Table 129: Hellenic Alico Life, Key Financials (EUR million), 2008- 2012
Table 130: Ethniki Insurance (Cyprus) Ltd, Key Facts
Table 131: Ethniki Insurance (Cyprus) Ltd, Key Financials (EUR million), 2008- 2012
Table 132: Liberty Life Insurance Public Co. Ltd, Key Facts
Table 133: Liberty Life Insurance Public Co. Ltd, Key Financials (EUR million), 2008- 2012

List of Figures

Figure 1: Cypriot Insurance - Overall Written Premium by Segment (EUR Million), 2008- 2017
Figure 2: Cypriot Insurance - Dynamics by Segment, 2008- 2017
Figure 3: Cypriot Life Insurance - Written Premium by Category (EUR Billion), 2008- 2017
Figure 4: Cypriot Life Insurance - Written Premium by Category (% Share), 2012 and 2017
Figure 5: Cypriot Life Insurance - Dynamics by Category, 2008- 2017
Figure 6: Cypriot Life Insurance - Earned Premium (EUR Million), 2008- 2012
Figure 7: Cypriot Life Insurance - Earned Premium (EUR Million), 2012- 2017
Figure 8: Cypriot Life Insurance - Sum Assured (EUR Billion), 2008- 2012
Figure 9: Cypriot Life Insurance - Sum Assured (EUR Billion), 2012- 2017
Figure 10: Cypriot Life Insurance - Paid Claims (EUR Million), 2008- 2012
Figure 11: Cypriot Life Insurance - Paid Claims (EUR Million), 2012- 2017
Figure 12: Cypriot Life Insurance - Incurred Loss (EUR Million), 2008- 2012
Figure 13: Cypriot Life Insurance - Incurred Loss (EUR Million), 2012- 2017
Figure 14: Cypriot Life Insurance - Loss Ratio (%), 2008- 2012
Figure 15: Cypriot Life Insurance - Loss Ratio (%), 2012- 2017
Figure 16: Cypriot Life Insurance - Commissions and Expenses (EUR Million), 2008- 2012
Figure 17: Cypriot Life Insurance - Commissions and Expenses (EUR Million), 2012- 2017
Figure 18: Cypriot Life Insurance - Combined Ratio (%), 2008- 2012
Figure 19: Cypriot Life Insurance - Combined Ratio (%), 2012- 2017
Figure 20: Cypriot Life Insurance - Frauds and Crimes (EUR Million), 2008- 2012
Figure 21: Cypriot Life Insurance - Frauds and Crimes (EUR Million), 2012- 2017
Figure 22: Cypriot Life Insurance - Total Assets (EUR Billion), 2008- 2012
Figure 23: Cypriot Life Insurance - Total Assets (EUR Billion), 2012- 2017
Figure 24: Cypriot Life Insurance - Total Investment Income (EUR Million), 2008- 2012
Figure 25: Cypriot Life Insurance - Total Investment Income (EUR Million), 2012- 2017
Figure 26: Cypriot Life Insurance - Retentions (EUR Million), 2008- 2012
Figure 27: Cypriot Life Insurance - Retentions (EUR Million), 2012- 2017
Figure 28: Cypriot Life Insurance - Investment Portfolio (EUR Million), 2008- 2012
Figure 29: Cypriot Life Insurance - Investment Portfolio, 2008 and 2012
Figure 30: Cypriot Life Insurance - Penetration (%), 2008- 2012
Figure 31: Cypriot Life Insurance - Density (Number of Policies per Capita), 2008- 2012
Figure 32: Cypriot Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 33: Cypriot Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 34: Cypriot Life Insurance - Premium Per-capita (EUR), 2008- 2012
Figure 35: Cypriot Individual Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 36: Cypriot Individual Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 37: Cypriot Individual Life Insurance - Written Premium (EUR Million), 2008- 2012
Figure 38: Cypriot Individual Life Insurance - Written Premium (EUR Million), 2012- 2017
Figure 39: Cypriot Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 40: Cypriot Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 41: Cypriot Individual Unit-Linked Insurance - Written Premium (EUR Million), 2008- 2012
Figure 42: Cypriot Individual Unit-Linked Insurance - Written Premium (EUR Million), 2012- 2017
Figure 43: Cypriot Group Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 44: Cypriot Group Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 45: Cypriot Group Life Insurance - Written Premium (EUR Million), 2008- 2012
Figure 46: Cypriot Group Life Insurance - Written Premium (EUR Million), 2012- 2017
Figure 47: Cypriot Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 48: Cypriot Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 49: Cypriot Individual Single-Premium Insurance - Written Premium (EUR Million), 2008- 2012
Figure 50: Cypriot Individual Single-Premium Insurance - Written Premium (EUR Million), 2012- 2017
Figure 51: Cypriot Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 52: Cypriot Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 53: Cypriot Individual Non-Single-Premium Insurance - Written Premium (EUR Million), 2008- 2012
Figure 54: Cypriot Individual Non-Single-Premium Insurance - Written Premium (EUR Million), 2012- 2017
Figure 55: Cypriot Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 56: Cypriot Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 57: Cypriot Group Non-Single-Premium Insurance - Written Premium (EUR Million), 2008- 2012
Figure 58: Cypriot Group Non-Single-Premium Insurance - Written Premium (EUR Million), 2012- 2017
Figure 59: Cypriot Life Insurance - New Business Written Premium by Distribution Channel (% Share), 2012 and 2017
Figure 60: Cypriot Life Insurance - Direct Marketing Commission Paid (EUR Million), 2008- 2012
Figure 61: Cypriot Life Insurance - Direct Marketing Commission Paid (EUR Million), 2012- 2017
Figure 62: Cypriot Life Insurance - New Business Written Premium Through Direct Marketing (EUR Million), 2008- 2012
Figure 63: Cypriot Life Insurance - New Business Written Premium Through Direct Marketing (EUR Million), 2012- 2017
Figure 64: Cypriot Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2008- 2012
Figure 65: Cypriot Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2012- 2017
Figure 66: Cypriot Life Insurance - Number of Direct Marketing Distributors, 2008- 2012
Figure 67: Cypriot Life Insurance - Number of Direct Marketing Distributors, 2012- 2017
Figure 68: Cypriot Life Insurance - Bancassurance Commission Paid (EUR Million), 2008- 2012
Figure 69: Cypriot Life Insurance - Bancassurance Commission Paid (EUR Million), 2012- 2017
Figure 70: Cypriot Life Insurance - New Business Written Premium Through Bancassurance (EUR Million), 2008- 2012
Figure 71: Cypriot Life Insurance - New Business Written Premium Through Bancassurance (EUR Million), 2012- 2017
Figure 72: Cypriot Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008- 2012
Figure 73: Cypriot Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012- 2017
Figure 74: Cypriot Life Insurance - Number of Bancassurance Distributors, 2008- 2012
Figure 75: Cypriot Life Insurance - Number of Bancassurance Distributors, 2012- 2017
Figure 76: Cypriot Life Insurance - Commission Paid to Agencies (EUR Million), 2008- 2012
Figure 77: Cypriot Life Insurance - Commission Paid to Agencies (EUR Million), 2012- 2017
Figure 78: Cypriot Life Insurance - New Business Written Premium Through Agencies (EUR Million), 2008- 2012
Figure 79: Cypriot Life Insurance - New Business Written Premium Through Agencies (EUR Million), 2012- 2017
Figure 80: Cypriot Life Insurance - New Policies Sold Through Agencies (Thousand), 2008- 2012
Figure 81: Cypriot Life Insurance - New Policies Sold Through Agencies (Thousand), 2012- 2017
Figure 82: Cypriot Life Insurance - Number of Agencies, 2008- 2012
Figure 83: Cypriot Life Insurance - Number of Agencies, 2012- 2017
Figure 84: Cypriot Life Insurance - E-Commerce Commission Paid (EUR Million), 2008- 2012
Figure 85: Cypriot Life Insurance - E-Commerce Commission Paid (EUR Million), 2012- 2017
Figure 86: Cypriot Life Insurance - New Business Written Premium Through E-Commerce (EUR Million), 2008- 2012
Figure 87: Cypriot Life Insurance - New Business Written Premium Through E-Commerce (EUR Million), 2012- 2017
Figure 88: Cypriot Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2008- 2012
Figure 89: Cypriot Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2012- 2017
Figure 90: Cypriot Life Insurance - Number of E-Commerce Distributors, 2008- 2012
Figure 91: Cypriot Life Insurance - Number of E-Commerce Distributors, 2012- 2017
Figure 92: Cypriot Life Insurance - Commission Paid to Brokers (EUR Million), 2008- 2012
Figure 93: Cypriot Life Insurance - Commission Paid to Brokers (EUR Million), 2012- 2017
Figure 94: Cypriot Life Insurance - New Business Written Premium Through Brokers (EUR Million), 2008- 2012
Figure 95: Cypriot Life Insurance - New Business Written Premium Through Brokers (EUR Million), 2012- 2017
Figure 96: Cypriot Life Insurance - New Policies Sold Through Brokers (Thousand), 2008- 2012
Figure 97: Cypriot Life Insurance - New Policies Sold Through Brokers (Thousand), 2012- 2017
Figure 98: Cypriot Life Insurance - Number of Brokers, 2008- 2012
Figure 99: Cypriot Life Insurance - Number of Brokers, 2012- 2017
Figure 100: Cypriot Life Insurance - Commission Paid to Other Channels (EUR Million), 2008- 2012
Figure 101: Cypriot Life Insurance - Commission Paid to Other Channels (EUR Million), 2012- 2017
Figure 102: Cypriot Life Insurance - New Business Written Premium Through Other Channels (EUR Million), 2008- 2012
Figure 103: Cypriot Life Insurance - New Business Written Premium Through Other Channels (EUR Million), 2012- 2017
Figure 104: Cypriot Life Insurance - New Policies Sold Through Other Channels (Thousand), 2008- 2012
Figure 105: Cypriot Life Insurance - New Policies Sold Through Other Channels (Thousand), 2012- 2017
Figure 106: Cypriot Life Insurance - Number of Distributors in Other Channels, 2008- 2012
Figure 107: Cypriot Life Insurance - Number of Distributors in Other Channels, 2012- 2017
Figure 108: Cypriot Life Insurance - Porter’s Five Forces Analysis
Figure 109: Cypriot Premium Ceded to Reinsurance by Type of Insurance (EUR Million), 2008- 2017
Figure 110: Cypriot Reinsurance - Dynamics by Type of Insurance, 2008- 2017
Figure 111: Cypriot Life Insurance - Percentage of Reinsurance Ceded (%), 2008- 2012
Figure 112: Cypriot Life Insurance - Percentage of Reinsurance Ceded (%), 2012- 2017
Figure 113: Cypriot Insurance Regulatory Framework
Figure 114: The Three Pillars of Solvency II
Figure 115: Insurance Supervision and Control at Various Levels
Figure 116: Insurance Regulatory Frameworks for Company Registration and Operation
Figure 117: Cypriot Court System
Figure 118: Shares of Key Insurers in the Cypriot Life Segment (%), 2012
Figure 119: Top Five Cypriot Life Insurers - Gross Written Premium (EUR Million), 2012
Figure 120: Top Five Cypriot Life Insurers - Net Earned Premium (EUR Million), 2012
Figure 121: Top Five Cypriot Life Insurers - Gross Claims (EUR Million), 2012
Figure 122: Top Five Cypriot Life Insurers - Paid Claims (EUR Million), 2012
Figure 123: Top Five Cypriot Life Insurers - Total Investment Income (EUR Million), 2012
Figure 124: The Cyprus Stock Exchange (CSE) Market Capitalization (US$ Billion), 2008- 2012
Figure 125: Cypriot GDP at Constant Prices (US$ Billion), 2008- 2012
Figure 126: Cypriot GDP Per Capita at Constant Prices (US$), 2008- 2012
Figure 127: Cypriot GDP at Current Prices (US$ Billion), 2008- 2012
Figure 128: Cypriot GDP Per Capita at Current Prices (US$), 2008- 2012
Figure 129: Cypriot Inflation Rate (%), 2008- 2012
Figure 130: Cypriot Exports as a Percentage of GDP (%), 2008- 2012
Figure 131: Cypriot Imports as a Percentage of GDP (%), 2008- 2012
Figure 132: Cypriot Exports as a Percentage of GDP (%), 2007- 2011
Figure 133: Cypriot Imports as a Percentage of GDP (%), 2007- 2011
Figure 134: Cypriot Commercial Vehicles Exports - Total Value (US$ Million), 2007- 2011
Figure 135: Cypriot Commercial Vehicles Imports - Total Value (US$ Million), 2007- 2011
Figure 136: Cypriot Automotive Exports - Total Value (US$ Million), 2007- 2011
Figure 137: Cypriot Automotive Imports - Total Value (US$ Billion), 2007- 2011
Figure 138: Cypriot Internet Subscriptions (Millions), 2007- 2011
Figure 139: Cypriot Size of Labor Force (Million), 2007- 2011
Figure 140: Cypriot Unemployment Rate (%), 2008- 2012
Figure 141: Cypriot Total Population (Million), 2008- 2012
Figure 142: Cypriot Urban and Rural Population (%), 2008- 2012
Figure 143: Cypriot Population Distribution by Age (%), 2008- 2012

- Allianz Hellas SA
- Alpha Insurance
- Ethniki Insurance
- Euro Life Ltd
- Hellenic Alico Life
- Laiki CypriaLife
- Liberty Life Insurance Co. Ltd
- MetLife Alico
- Prime Insurance Company Ltd
- Universal Life Insurance

Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Our clients' logos