OUR HISTORY
A HISTORY OF 154 YEARS IN CYPRUS
Cool Timeline
1970
1869
North British and Mercantile, later part of Commercial Union Assurance, agrees new joint tariff with The Sun for Beirut and Cyprus.
1878
Henry S. King are appointed agents in Larnaca for North British and Mercantile.
1890
The Imperial Ottoman Banking Company are appointed as Marine agents for Commercial Union Assurance in Larnaca.
1905
The first Fire Policy for Commercial Union is issued in Larnaca for a sum insured of £150, annual premium 7s 6d.
1925
Employers Liability Assurance, later part of Commercial Union appoints Cleanthis Christophides as agents in Cyprus.
1973
1973
Commercial Union Assurance plc and the Christophides Group form Commercial Union Assurance (Cyprus) Ltd.
1998
1998
Commercial Union and General Accident merge worldwide to form CGU Insurance.
2000
2000
CGU Insurance and Norwich Union merge worldwide to form CGNU Insurance, later renamed AVIVA Group.
2003
2003
Commercial Union Assurance (Cyprus) Ltd acquires 100% of the share capital of the AVIVA Group’s Greek subsidiary, CGU Hellas SA.
2007
2007
Commercial Union Assurance (Cyprus) Ltd changes its name to Commercial General Insurance Ltd and that of its Greek subsidiary to Activa Insurance SA.
2008
2008
Commercial General Insurance Ltd becomes a wholly owned subsidiary of the Christophides Group. Commercial General Insurance Ltd disposes its subsidiary in Greece Activa Insurance SA to the Greek insurance company EFG Eurolife General Insurance SA, member of the Eurobank EFG group.
