Increase by 8.9% of the premiums’ volume

According to the Cyprus Insurance Association, the local market has reported 180.5 million CYP (402 million USD) premium volume for 2005 against 165.7 million CYP (369 million USD) in 2004, that is, an increase by 8.9%. The market's three main players are : Laiki Insurance, General Insurance and Pancyprian.