Prime Insurance is Now a Member of the GRAWE Group

As of July 16, 2025, Prime Insurance Company Ltd. has officially become a member of the internationally recognized insurance group Grazer Wechselseitige Versicherung AG (GRAWE).

This strategic partnership confirms the trust and strong position that PRIME holds in Cyprus’s insurance sector and further strengthens our company’s stability, credibility, and growth potential.

Who is GRAWE?
Headquartered in Graz, Austria, GRAWE brings over 195 years of experience and operates in 13 countries across Central, Eastern, and Southeastern Europe. With the acquisition of Prime Insurance, GRAWE expands its international portfolio by adding a well-established composite insurance company that offers both life and general insurance products in Cyprus.

What Does This Mean for Our Clients?
This acquisition does not affect existing insurance policies, obligations, or the quality of services our clients currently enjoy. On the contrary:

• PRIME’s solvency and financial stability are further secured.

• Our expertise and innovation are enhanced through access to international tools and experience.

• Our capabilities and product range will expand significantly in the near future.

PRIME remains by your side — with the same people-first philosophy, the same dedication, and now, the added strength and confidence that comes from being part of a leading international group.