Insights
Insightful Perspectives with Meaningful Impact
The ‘Ever Given’ Departs, the Legal Battle Continues
The ‘Ever Given’, the containership that blocked the Suez Canal in March 2021, is now finally on its way after being detained for over 3 months. However, legal issues in relation to the incident are - Read More...
Compensations Booklet 2020
In our Compensations booklet for 2020 you may find a summary of all rulings issued by Cypriot courts in 2020, in which compensations were awarded for damages resulting from any form of accident.
We are delighted to announce that our firm is represented in the board of directors of the Cyprus Forum of Insurance Lawyers (FIL)
A team of lawyers who specialise on insurance law have established a union, under the name of Forum of Insurance Lawyers – FIL. FIL is a non-profit, non-governmental organisation of lawyers and law firms which aims, - Read More...
Approaching UK Whiplash Reforms Could Influence Cyprus
The much-expected UK whiplash reforms introduce a new procedure for claims concerning soft tissue injuries from Road Traffic Accidents (RTAs), ultimately aiming to root out minor, exaggerated and fraudulent claims, and to reduce motor insurance - Read More...
Justice in the Insurance sector
A recent article of our Insurance and Personal Injury team with title: “Justice in the Insurance sector” has been published in the IN Business Magazine.
By Nicolas Kyriakides
Business Interruption COVID-19 Test Case: Financial Conduct Authority’s Test Case- The UK Supreme Court’s Decision
On 15th January 2021 the UK’s Supreme Court handed down its decision Financial Conduct Authority (Appellant) -v- Arch Insurance (UK) Ltd and others (Respondents) [2020] EWHC Comm 2448. The Supreme Court rejected all of the - Read More...
2009 Motor Insurance Directive: an Evaluation of Current Proposals for Amendment
The 2009 Motor Insurance Directive is paramount for materialising the fundamental right of freedom of movement for European citizens across the EU.
P&I Club Coverage for COVID-19
P&I Clubs invariably provide insurance cover for infectious diseases. COVID-19 related cover encompasses crew illness and deviation to ensure treatment, whereas the extent of quarantine cover varies between the individual rules.
COVID-19 Test Case Judgment: To What Extent Are Business Interruption Policies Triggered by Non-Physical Damage/Loss?
Business Interruption (BI) insurance policies are normally triggered by physical damage/loss. A test case brought by the FCA explored whether such cover could be triggered by non-physical damage/loss linked with COVID-19. On 15 September 2020 - Read More...
Harris Kyriakides has joined as a Legal Sponsor the NPL Investing & Management Summit
We are happy to announce that Harris Kyriakides, has joined as a Legal Sponsor the NPL Investing & Management Summit taking place online on October 21-22.
Compensations in accident cases in 2019
In our Compensations booklet for 2019, you may find a summary of all rulings issued by the Cypriot courts in 2019, in which compensations were awarded for damages resulting from any form of accident.
Introducing IFRS 17 on Insurance Contracts
IFRS 17 Insurance Contract (International Financial Reporting Standards) is the new accounting standards for insurance contracts. IFRS 17 was introduced on May 2017 by International Accounting Standards Board (IASB) and it is a profound development - Read More...