For August 4 insurance companies from Member States have notified the FSC of their intention to carry out insurance activities on the territory of Bulgaria.
As of August 31, 2014, there are 478 insurers from Member States that have notified the Financial Supervision Commission (FSC) that they wish to carry out insurance activity on the territory of the Republic of Bulgaria.
In August, 17 new insurance intermediaries from Member States notified the FSC that they wished to operate in Bulgaria, and 4 refused.
As of August 31, 2014, the insurance intermediaries from Member States that have notified the Financial Supervision Commission that they wish to carry out insurance intermediation activities on the territory of the Republic of Bulgaria are 1817.
An insurer with a registered office on the territory of the Republic of Bulgaria has stated its intention to carry out insurance activity on the territory of other EU Member States. In August the total number of insurance companies with registered office on the territory of the Republic of Bulgaria, which declared their intention to carry out insurance activity on the territory of other EU Member States, was 12.
As of 31 August, the total number of operating insurance intermediaries based in the territory of the Republic of Bulgaria, which have stated their intention to carry out insurance intermediation activities on the territory of EU Member States, is 30.
Source: Insurance.bg