BULGARIA: Assets of life insurance companies on the rise

20 June 2014 —
Assets managed by insurance, reinsurance and health insurance companies operating in Bulgaria, amounted to BGN 5.320 billion as of the end of March 2014. They decreased by BGN 44.6 million (0.8%) y/y due to weaker performance by the general insurance segment. Life insurance companies outperformed their peers - their assets increased by BGN 116.4 million (9.8%) y/y. Among the instruments included in the assets of insurance, reinsurance and health insurance companies, securities other than shares prevailed as of the end of March 2014. Their amount decreased on an annual basis by BGN 43.8 million (1.8%) to BGN 2.444 billion. In the currency breakdown of the assets of insurance, reinsurance and health insurance companies at the end of March 2014, the assets denominated in BGN held the main share - 47% compared to 45.1% at the end of the first quarter of 2013. Read the full story BULGARIA: Assets of life insurance companies on the rise
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