Cosmos Insurance Public Co. Ltd.

Cosmos Insurance Public Co. Ltd.

CCSECY:COS
0.31
EUR
+0.00
(-0.65%)
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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
Andreas K. Tyllis
Sector
Finance
Industry
Property/Casualty insurance
Address
Nicosia Cyprus
IPO Date
Mar 31, 2000
Business
Cosmos Insurance Company Public Ltd is a Cyprus-based non-life insurance company engaged in the underwriting, marketing, and administration of general insurance products and risk management solutions for individual, expatriate, and commercial clients. Founded in 1981 and headquartered in Nicosia, Cyprus, the company operates nationwide across the Republic of Cyprus with regional offices in Nicosia, Limassol, Larnaca, and Paphos, supported by an intermediary distribution network of more than 150 licensed agents and brokers. The company offers a comprehensive portfolio of personal and commercial insurance lines, including motor vehicle insurance under the myDRIVEplus brand, providing third-party liability, comprehensive coverage, roadside assistance, accident care, and tailored policies for British Forces personnel; property and casualty insurance, including homeowner and holiday home policies under homeCARE, commercial property coverage, fire and special perils, and theft insurance; health and medical coverage through modular CyprusCHOICE plans alongside dedicated medical insurance schemes for foreign workers and non-EU expatriates; personal accident insurance under the accidentCARE policy; comprehensive liability coverage, including statutory employer liability, public liability, product liability, and directors and officers liability; professional indemnity insurance under the professionalCARE suite for legal, medical, accounting, architectural, and engineering practitioners; marine and transport insurance, covering marine cargo, vessel hull, and goods-in-transit; leisure and lifestyle policies, including yachtCARE for pleasure craft, cycleCARE for bicycles, and petCARE; and commercial enterprise solutions, comprising shopCARE multi-risk policies, maidCARE domestic helper coverage, and contractor all-risks policies for engineering and construction projects. In recent operational and strategic developments, Cosmos Insurance Company Public Ltd has expanded its digital capabilities through the implementation of an integrated Client Portal, an upgraded intermediary Agent Portal, and an automated online quotation and renewal platform; achieved Great Place to Work workplace certification; outlined its corporate expansion and capital optimization strategy at the Cyprus Stock Exchange; strengthened its solvency profile under Solvency II directives with a Solvency Capital Requirement ratio exceeding 230 percent; and initiated direct shareholder capital returns by distributing an inaugural annual dividend of one million euros.