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Climate change will increase Insurance Premiums

CEO of Trust Insurance, Christos Christodoulou explains on the Philenews podcast that increased operating costs, as a result of the general increases in the market, are transferred to the insurance products.

Mr. Christos Christodoulou, explains the issue of the increase in insurance premiums, stressing that although there is a relative increase, we remain affordable so that every Cypriot can be insured. At the same time, he emphasizes that the cost of insurance in Cyprus is cheaper compared to other European countries. He also makes special reference to the issue of climate change, giving his own stance on this serious issue.

To read the relevant article and listen to the Philenews podcast, click here.

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