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CSR AND ETHICS IN AKELIUS INSURANCE PUBLIC LTD By Demetra Marnerou (Word Count: 1342) Prepared as final exam for the course: MBA562.1: CSR and Ethics University of Cyprus Fall 2007 Professor Dr. Tima Bansal A few words about Akelius Insurance Public LTD Akelius Insurance Public Ltd., formerly known as Alpha Insurance Ltd., is a Swedish offshore company operating out of Cyprus and focusing on Life Insurance policies linked to Investment Funds. Its primary market has for a long time been Sweden. Alpha Insurance was established in 1987, with its Head Office in France. The company grew very quickly and later moved to Cyprus and in May 1997, was renamed "Akelius Insurance Ltd.". The current owner, Sievert Larsson, is Swedish and the company is regulated and inspected in accordance with European insurance legislation. Since 1987 Akelius Insurance has been offering savings in funds through a foreign insurance. The insurance company has today 60 000 customers managing their savings of more...

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