Gross non-life insurance reserves reached 0.438 EUR bil in 2013 in Cyprus, according to the National Central Bank / OECD. This is 2.01 % less than in the previous year.
Historically, gross non-life insurance reserves in Cyprus reached an all time high of 0.811 EUR bil in 2011 and an all time low of EUR bil in.
Cyprus has been ranked 24th within the group of 26 countries we follow in terms of gross non-life insurance reserves.
Non-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.