Nicosia, Cyprus. Cosmos Insurance Public Company Ltd reported annual profit of €3,207,597 in financial results published on March 27, 2026, up from €2,683,414 in 2024. The company said the improvement was mainly driven by positive performance from its insurance operations.
Financial results and reporting
According to an announcement released on Monday, March 30, the board of directors submitted its annual report and audited financial statements for the year ended December 31, 2025.
Operations in Cyprus
The company’s main activity remained general insurance business in Cyprus, unchanged from the previous year. It provides services through its head offices in Nicosia and branches in Limassol, Paphos and Larnaca.
Cyprus economic and fiscal context
The Cyprus economy recorded growth of 3.8 per cent in 2025, compared with 3.4 per cent in 2024. Preliminary fiscal results showed a general government surplus of €939.2 million or 2.6 per cent of GDP, compared with €1.439 billion or 4.1 per cent of GDP in 2024.
Economic growth was primarily supported by hotels and restaurants, information and communication, construction, and wholesale and retail trade sectors.
Total expenditure between January and December 2025 increased by €1.3649 billion or 10.3 per cent to €14.6759 billion, compared with €13.311 billion in the corresponding period of 2024. Total revenue rose by €864.8 million or 5.9 per cent to €15.6152 billion, compared with €14.7503 billion in 2024.
How do you expect Cyprus’s 2025 economic trends to affect general insurance demand in 2026?