Board of Directors’ Decision Regarding the Payment of an Interim Dividend
Nicosia, 4 August 2026To:The DirectorCyprus Stock ExchangeNicosiaDear Sir,Subject: Board of Directors’ Decision Regarding the Payment of an Interim DividendMinerva Insurance …
05 Jun 2026
Minerva Insurance informs its customers and partners that, according to recent amendments to the legislation concerning motor vehicles and road traffic, specific obligations have been introduced for drivers involved in a road collision.
The purpose of the legislation is to ensure the safer and faster management of incidents on the road network, especially in cases where the vehicles involved can be moved and their presence at the scene may obstruct traffic or create an additional risk.
In the event of a road collision between motor vehicles, vehicles that can be moved must be transferred to the nearest safe location, so as not to obstruct the rest of the traffic, provided that:
The vehicle may be moved by its driver or by another person who holds a valid driving licence and insurance cover, following the instruction of the driver of the vehicle involved.
Before moving the vehicles, the drivers involved must take the following steps:
1. Immediately notify their insurance companies about the road collision, Contacting Road Assistance on 80012424.
2. Exchange the following information with each other:
3. Take photographs of the collision scene, including:
4. Exchange the photographs with each other and send them to the person indicated by their insurance company and/or its representative.
When taking and exchanging photographs, drivers must limit themselves to the information that is necessary for the handling of the incident, in accordance with personal data protection principles.
The above procedure does not apply when:
In such cases, drivers should act in accordance with the instructions of the competent authorities and contact their insurance company immediately.
Yes. Any person who violates the relevant provisions of the legislation is guilty of an offence and, upon conviction, is liable to a fine not exceeding €1,000.
The same fine may also be imposed on any person who encourages, forces, or attempts to encourage or force a driver involved in a road collision to breach the relevant obligations.
In the event of a road collision:
For any clarification or guidance in the event of an accident, Minerva Insurance customers may contact the company on 8001 2424 or their insurance agent.
This announcement is for informational purposes only and does not constitute legal advice.
For more information, you may consult the legislative documents below:
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