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As part of our commitment for continuous service enhancement, we are pleased to announce our collaboration with ΟΔ·Υ·ΚΥ Auto Assistance.
All policies with an effective date the 1st of July 2019 onwards, will have to contact ΟΔ·Υ·ΚΥ Auto Assistance in the unlikely event of an accident or in the need of Road Assistance.
The contact number is 77 77 3001.
COMPLETION OF THE SHARE CAPITAL INCREASE AND DISPATCH OF LETTERS REGARDING THE GRANTING OF SHARES
Following its previous announcement of 30 May 2018, Cosmos Insurance Public Company Limited (the "Company") announces that the increase of its share capital was completed on 7 June 2018 with the completion of the procedure of disposal of the shares corresponding to Preemption Rights not exercised by the Preemption Rights Beneficiaries during the Exercise Period ("Undisposed Shares").
Out of the 21.21 million Undisposed Shares, it has been decided to dispose 15.26 million shares to investors who have expressed an interest in acquiring Undisposed Shares. It is noted that the coverage ratio from the disposal of Undisposed Shares rose to 71.9%. It is also noted that the letters regarding the granting of the new shares were mailed to the beneficiary shareholders on 7 June 2018.
The Superintendent of Insurance, the competent regulatory authority of the insurance sector in the Republic of Cyprus, has issued an Order by which the method of payment and collection of insurance premiums changes with effect the 1st January 2018.
You can download the relevant brochure prepared by the Insurance Association of Cyprus summarizing the changes put into effect by the said Order on the link above.
COSMOS INSURANCE COMPANY PUBLIC LIMITED, as part of its commitment to promptly inform its associates and customers with regards to any developments affecting the insurance sector, sets out herein below the changes which will be brought about through the implementation of the Order.
In order to ensure that the implementation of the Order does not cause any disruption or inconvenience that may compromise our level of service towards you, the Company has decided the following: