Cosmos Insurance to propose €1m dividend to shareholders

The board of directors of Cosmos Insurance Public Company Ltd on Friday announced the approval of the company’s audited financial statements for the financial year ended December 31, 2025.

The board also unanimously approved the management report, the annual corporate governance report, and the audited financial statements as part of its decisions.

The company announced that the annual general meeting (AGM) will be held on May 14, 2026, at 15.30 at the events hall on the fourth floor of its head offices on Griva Digeni Avenue 46 in Nicosia.

Further details regarding the annual general meeting will be announced at a later stage, the company added.

Taking into account the company’s financial results for 2025, its liquidity position, capital requirements, solvency ratio, and the provisions of its dividend policy, the board decided to propose a dividend to shareholders.

The proposed dividend amounts to €0.0177 per share, with a total distribution of €1,000,000, subject to approval at the annual general meeting.

The company stated that the income statement and balance sheet will be published in the daily press.

It clarified that copies of the full annual financial report for 2025 will not be sent to shareholders but will be available free of charge to any interested party in printed or electronic form from the company’s central offices.

In addition, the annual report for 2025 and the information required under article 127A(4) of the Companies Law, Cap. 113, will be available on the company’s website and on the website of the Cyprus Stock Exchange (CSE).