We are excited to announce that our team has moved to a new location in the Nicosia town center on 1 June 2017. Our new office address is
City Forum, 11 Florinis Street, Office 501, 1065 Nicosia, Cyprus
Our office numbers remain unchanged:
Phone: 22 456006
Fax: 22 456007
We look at this new location as the start of another chapter in our history and we look forward to welcoming you in our new offices soon!
Dear Clients and Associates,
Cronje & Yiannas Actuaries and Consultants Ltd is very pleased to announce that Ms Loukia Ioannou joined our Senior Consulting Team on 1 September 2016. Please click here for Loukia’s bio.
We welcome Loukia to the team and look forward to introducing you to her at future meetings and events.
Thank you all for your continued support
Dear Clients and Associates,
Cronje & Yiannas Actuaries and Consultants Ltd is very pleased to announce that Ms Constantina Tryphonos joined our team as an actuarial analyst on 3 October 2016.
Please click here for Constantina’s bio.
We welcome Constantina to the team and look forward to introducing you to her at future meetings and events.
Thank you all for your continued support.
On 26 January 2016, the European Insurance and Occupational Pensions Authority (“EIOPA”) published the results of the stress test exercise which was conducted in August 2015 across 17 European countries to examine the sensitivity of the occupational pensions sector to adverse market developments.
Heterogeneity is very high in the defined benefit sector among different countries and therefore it is necessary to use a harmonised approach in order to assess these financial shocks.
Although it is noted that this was not a pass or fail exercise, the results of the stress tests showed significant increase in deficits and revealed risks and vulnerabilities which, for some countries, are substantial given the relative size of the pensions sectors to the countries’ economies. However, it was noted that the impact can be mitigated as the long-term nature of liabilities allows pension funds to use longer recovery plan periods and other security mechanisms.
The official results published by EIOPA in their Stress Test Report can be accessed here and the official press release can be found here.
Dear Clients and Associates
Cronje & Yiannas Actuaries and Consultants Ltd is pleased to announce that we are expanding the Senior Consulting team with the addition of Mr Stephanos Hadjistyllis. Please click here for Stephanos' bio.
We welcome Stephanos to the team and we look forward to introducing you to Stephanos at future meetings and events.
Thank you all for your continued support.
