Non-life insurance reserves reached 0.604 USD bil in 2013 in Cyprus, according to the National Central Bank / OECD. This is 2.36 % more than in the previous year.
Historically, non-life insurance reserves in Cyprus reached an all time high of 1.05 USD bil in 2011 and an all time low of USD bil in.
Cyprus has been ranked 24th within the group of 26 countries we follow in terms of 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.