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Η συντακτική ομάδα του Cyprus Insurance News, παρακολουθεί καθημερινά τις εξελίξεις της ασφαλιστικής αγοράς στην Κύπρο και το εξωτερικό και σας τις μεταφέρει άμεσα με εγκυρότητα.

Insurers welcome proposals for new EU system to avoid double taxation; call for refinements and clarifications

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Insurance Europe has responded to a consultation conducted by the European Commission on withholding taxes and a new EU system to avoid double taxation.  Insurance Europe welcomes the initiative, as the current rules lead to lengthy, complex and costly withholding tax relief procedures. Insurance Europe takes the view that substance requirements should be harmonised, and that the […]

Cooperation of CNP ASFALISTIKI and MINISTRY OF DEFENCE for the Road Safety to National Guards

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CNP ASFALISTIKI, in a long-term cooperation with the MINISTRY OF DEFENCE, implements a series of actions which aim to promote the appropriate road safety messages, cultivating a culture of road conscience by our national guards.

WiRE: Best Fintech for Real Estate, Europe 2022

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The award at the Pan Finance Awards constitutes another international recognition for the Cypriot start-up Cypriot start-up company WiRE has been awarded the prize of “Best Fintech for Real Estate – Europe 2022” at the Pan Finance Awards. Pan Finance specializes in Financial Intelligence and Information and works closely with world-renowned personalities such as Sir […]

Insurer must pay Spanish claim in Galicia oil spill, EU court says

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BRUSSELS, June 20 (Reuters) – Spain on Monday won backing from Europe’s top court in its mutli-million euros damage claim against The London Steam-Ship Owners Mutual Insurance Association for a massive oil spill on its northwestern coast two decades ago. The 2002 sinking of the Greek oil tanker Prestige, which was sailing to Gibraltar, released […]

What is crash for cash? (video)

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What is crash for cash? Crash for cash scams are run by fraudsters who stage accidents, sometimes with innocent road users, to profit from fraudulent insurance claims. How does crash for cash work? The criminals cause the accident in a number of ways, including disabling their brake lights to cause the car behind to run […]

The season of the Motorbikes

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Pedestrians, cyclists, and motorcycle riders also share the roadways with all vehicle operators on a daily basis. These road users have less protection than drivers of other types of vehicles. Be cautious when operating your vehicle around pedestrians, cyclists, and motorcycle riders. Here are some tips to help you drive safely when there are motorcycles […]

Tesla Leads in Driver-Assisted Technology Crashes: NHTSA

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Tesla Inc. reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to data U.S. auto safety regulators released on Wednesday. Automakers and tech companies reported more than 500 crashes since June 2021, when the National Highway Traffic Safety Administration (NHTSA) issued an order requiring the information. Two […]

‘IFRS 17: Will we make it?’: 270 insurers share their thoughts

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WTW has released the results of its latest global survey entitled ‘IFRS 17: Will we make it?’, polling 270 insurers from 45 countries – including 26 large multinationals – on material progress they have made since WTW’s last IFRS 17 poll in 2021.

The morale of the insurer and his devotion to the institution of Insurance

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George Natar – B.Sc. M.Sc, MCyHRMA – Certified Business and Insurance Trainer Introduction Insurance distribution networks and especially insurers, or more properly referred to in law as “insurance intermediaries”, are facing new market challenges with an increased need for technological adaptation, and the battle to protect their market shares and profitability. Specifically, the approach of […]

Cyber insurance pricing rises amidst multiple factors – Marsh

Cyprus Insurance News Team 0
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The latest UK Cyber Insurance Trends Report from Marsh states that pricing in the sector rose quickly in Q3 and Q4 2021, while the market focuses on addressing systemic risk. However, Marsh said that efforts to tackle this through exclusionary language have caused frustration for clients, while the ongoing war that Russia began against Ukraine is creating […]

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