The assets of non-life companies went down by 0.4% to roughly BGN 6.98 billion in 2022, while the assets managed by life insurers dropped by 14.5% to BGN 2.66 billion.
The assets of non-life insurance companies accounted for 72.4% of the sector's total, growing from 69.3% at the end of 2021.
Securities other than shares made up 46.6% of all insurance companies' assets at the end of December (vs a share of 44.3% a year earlier).
The number of insurance companies active in Bulgaria decreased to 44 at the end of December from 49 in 2021.
*EUR 1 = BGN 1.95583