Bulgaria
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Bulgarian insurer Lev Ins planning to offer services in Norway
25 November 2018Bulgaria: Protests, traffic jams and blockades against high fuel tariffs, car taxes and MTPL premium
Thousands of Bulgarians protested last weekend in over 20 cities by blocking major highways and roads against higher fuel prices, tax increases for older, more polluting cars and an expected increase in MTPL premiums.
14 November 2018Eurobank Acquires Piraeus Subsidiary in Bulgaria
13 November 2018BULGARIA: Life Insurance Institute plans to offer services in Romania
12 November 2018"Costly" times are coming for Bulgarian drivers
Bulgarian insurance market" authority - FSC recently published a draft ordinance regarding the MTPL tariffs for MTPL policies, wrote local media.
8 November 2018Third Party Liability Insurance in Bulgaria is Possible to Go up to 1,000 BGN
6 November 2018BULGARIA: Insurer Armeec increases stake in Himsnab
5 November 2018Bulgaria: VIG to increase its participation in Bulstrad after TBI liquidation
The Bulgarian Financial Supervision Commission - FSC announced that it has allowed Vienna Insurance Group (VIG) to increase its direct shareholding in Bulstrad Vienna Insurance Group, following the liquidation of its fully-owned subsidiary TBI Bulgaria.
1 November 2018BULGARIA: Bulgaria's Lev Ins planning to set up branches in France, Romania, Greece
31 October 2018Bulgaria's Euroins plans to offer legal protection insurance in UK
25 October 2018UniCredit Bulbank and Allianz Sign a Partnership Agreement in Bulgaria
18 October 2018The distribution partnership between ALLIANZ and UniCredit comes alive in Bulgaria
Allianz Bulgaria has officially started its distribution agreement with UniCredit Bulbank. Thus, since the beginning of October the life and property insurance products of Allianz will be available at the UniCredit Bulbank's counters across Bulgaria.
17 October 2018STATISTICS: BULGARIA, 1H2018: LEV INS overtook BULSTRAD - VIG, becoming the non-life insurance market leader
In the first half of 2018, the Bulgarian insurance market maintained a growth rhythm close to that established during the previous year, reporting a 7.9% y-o-y increase in GWP, to EUR 627.5 million.
3 October 2018BULGARIAN regulator removes Lev Ins Broker from register of insurance brokers
26 September 2018Bulgarian regulator pledges 'every effort' to aid clients of troubled Cypriot insurer
25 August 2018Bulgarian regulator deputy chief under fire after Cypriot insurer goes bankrupt
23 August 2018Cyprus based Olympic Insurance bankruptcy left 200,000 Bulgarian clients without MTPL insurance policies and beheaded the insurance market watchdog
Ralitsa AGAIN-GURI, deputy head of the Bulgarian Financial Supervision Commission (FSC) resigned in the wake of the Olympic insurance company bankruptcy scandal. Vladimir SAVOV, a FSC member, will temporary take over her tasks until a new appointment will be approved by the Parliament.
23 August 2018Bankrupt Insurer Left 275,000 Bulgarian Drivers Without Valid Third Party Liability Insurance
18 August 2018Bulgarian branch of Olympic Insurance to terminate insurance policies on Aug 17
18 August 2018STATISTICS: BULGARIA 1Q 2018: GWP up to more than EUR 300 million
The total GWP by Bulgarian insurers in 1Q 2018 was BGN 608.07 million (EUR 310.90 million), up by 6.28% y-o-y, according to the quarterly statistics published on the FSC's website.
8 August 2018
