Despite the fact that the outcome is not to the satisfaction of the Group, it does not in any away affect the growth of its business.
PRESS RELEASE
CNP CYPRUS INSURANCE HOLDINGS
Wins the enduring loyalty of its customers
The CNP Cyprus Group following the decision of the International Court of Arbitration would like to state that:
Despite the fact that the outcome is not to the satisfaction of the Group, it does not in any away affect the growth of its business. The Group will continue implementing its business strategy which has established it at the top of the Cyprus Insurance Market. This achievement is attributed to its employees, its associates and to the enduring loyalty of its customers.
A very important strength of CNP Cyprus Group is its main shareholder, the French multinational company CNP Assurances, which is amongst the ten largest insurance groups in Europe ranked by turnover, capital adequacy and solvency margin. CNP Assurances Group carries a history of 160 years, has presence in three continents (Europe, Latin America and Asia), turnover of €31,6 billion in 2015 and over 36 million policyholders.
The CNP Group in Cyprus offers its customers the reliability and credibility stemming from an International insurance power who has invested in Cyprus and trusts the experience, technical excellence and expertise of the human capital of CNP Cyprus and its subsidiaries CNP CYPRIALIFE and CNP ΑSFALISTIKI.