Life insurers generated profits of BGN 51.23 million (EUR 26.19 million) vs. BGN 52.28 million a year before. Aggregate Q3 2022 profits posted by non-life insurers increased by 2.43% y-o-y to BGN 194.56 million (EUR 99.47 million) from BGN 189.93 million.
In terms of GWP, Bulgarian insurance market totaled BGN 2.64 billion (EUR 1.35 billion), up by 8.44% y-o-y, according to the official quarterly figures. Life insurers' GWP increased by 0.79% to BGN 442.68 million, while non-life insurers' GWP rose by 10.12% to BGN 2.20 billion.
DZI Life was the biggest player on the life insurance market with GWP of BGN 342.50 million (market share of 28.55%), while Euroins was the largest insurer on the non-life insurance market with GWP of BGN 169.9 million (15.53% market share).
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