Gross life insurance reserves reached 3.01 USD bil in 2013 in Cyprus, according to the National Central Bank / OECD. This is 3.32 % less than in the previous year.
Historically, gross life insurance reserves in Cyprus reached an all time high of 3.99 USD bil in 2007 and an all time low of USD bil in.
Cyprus has been ranked 17th within the group of 27 countries we follow in terms of gross life insurance reserves.
Life insurance reserves are a stated amount of liquid assets that an insurer must have on hand that will satisfy all claims from in-force insurance policies and other outstanding liabilities.