Atlantic Insurance Company Public Limited

Atlantic Insurance Company Public Limited

CCSECY:ATL
2.36
EUR
-0.02
(-0.84%)
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Capital Structure

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Working Capital

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Growth Rates

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Semi-annual Revenue

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

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Company Description

CEO
Emilios Pyrishis
Sector
Finance
Industry
Insurance brokers/Services
Address
Strovolos Cyprus
IPO Date
Oct 23, 2000
Business
Atlantic Insurance Company Public Limited is a Cyprus-based financial and insurance services provider engaged in underwriting a broad portfolio of non-life insurance products and delivering investment services to individual, commercial, and institutional clients. Founded in 1983 and headquartered in Nicosia, Cyprus, the company conducts operations across the Republic of Cyprus through an extensive network of regional branch offices, independent insurance agents, and direct digital channels. The company operates primarily through two main business segments: General Insurance and Financial Services. Its insurance product portfolio includes motor vehicle insurance, offering third-party liability, fire, theft, and comprehensive coverage; property insurance, covering residential homes, commercial buildings, industrial properties, and business interruption against risks such as fire, earthquake, storm, and burglary; health and medical insurance, providing individual and group inpatient and outpatient medical coverage; personal accident and life-adjacent accident protection; marine, cargo, and goods-in-transit insurance; engineering and contractors' all-risks insurance; travel insurance; and specialized liability policies, including employers' liability, public liability, product liability, professional indemnity, and directors' and officers' liability. Through its regulated subsidiary, Atlantic Securities Limited, the company provides investment and financial services comprising domestic and international securities brokerage, discretionary portfolio management, investment advisory, and custodial services. In recent strategic and operational developments, Atlantic Insurance has accelerated its digital transformation program by deploying upgraded online insurance portals and self-service mobile platforms for digital policy issuance, premium payments, and automated claims processing. The company has completed the operational transition to the IFRS 17 insurance accounting framework, expanded its commercial underwriting capabilities with specialized cyber risk solutions and tailored SME protection packages, and strengthened its risk management infrastructure to incorporate sustainability and climate-related underwriting standards.