BULGARIAN insurance companies' assets up 10.5% at end-Sept

The assets managed by Bulgarian insurance companies reachеd 6.5 billion levs (USD 3.5 bilion/3.3 billion euro) at the end of September, up by 10.5% year-on-year, the country's central bank said on Wednesday.

The assets of life insurance companies increased by 14.6% on the year to 1.83 billion levs as of end-September, while the assets managed by general insurance companies rose by 9.0% to 4.7 billion levs, the Bulgarian National Bank (BNB) said on its website.

Compared to the end of June, the insurance companies' total assets were 1.4% lower at the end of September, with life insurers' assets up 4.7% and general insurers' assets down 3.6%. Read the full story

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