The Photos Photiades Group is the main and controlling shareholder of Universal Life, the largest life insurance company in assets and insurance reserves in Cyprus.

Universal Life
Established in 1970, Universal Life is one of the leading life insurance companies in Cyprus. Universal Life has expanded its operations into the broader financial services spectrum, more notably into banking through its subsidiary Universal Bank, as well as in the general insurance sector through Universal Financial Services.
www.universallife.com.cy

Universal Bank
Universal Bank effectively came into operation in 1996, after Universal Life acquired a significant stake in a small and troubled savings institution listed on the Cyprus Stock Exchange. Today, Universal Bank boasts 19 branches throughout Cyprus, state-of-the-art information technology systems and very highly qualified personnel.  Universal Life’s participation in its share capital currently stands at about 10%.
www.universalbank.com.cy