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Non-Life Insurance Reserves (As % of GDP) in Cyprus

Source: OECD, National Central Bank
Last Updated: Jun 1, 2014

Non-life insurance reserves as a percentage of GDP reached 2.51 % in 2013 in Cyprus, according to the National Central Bank / OECD. This is 3.16 % less than in the previous year.

Historically, non-life insurance reserves as a percentage of GDP in Cyprus reached an all time high of 4.23 % in 2011 and an all time low of % in.

Cyprus has been ranked 17th within the group of 26 countries we follow in terms of non-life insurance reserves as a percentage of GDP.

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.

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