Car insurance ("Civil liability related to the possession and use of motor vehicles" and "Land vehicles, excluding rail vehicles") occupy a relative share of 70.2% in the aggregate portfolio of companies engaged in non-life insurance.
On an annual basis, there is an increase in total premium income for these types of insurance of 3.8% compared to a decrease of 3.5% at the end of August 2012. But which are the insurance companies with the highest and lowest share of gross premiums, insured by car insurance in relation to their total sales? Lev Ins and Bull Ins top the ranking, as 97 and 96% of their realized premium revenues are provided by the Casco and Civil Liability policies.
Only one more insurer has a share of over 80% - Armeec (83.89%), while HDI has 79.43 percent. They are followed by Euroins (78.9%), DZI General Insurance (73.38%) and Uniqa (70.57%). In the middle of the ranking with the share of sold car insurance below the average for the sector are Generali Insurance (58%), Allianz Bulgaria (56%) and Bulstrad Vienna Insurance Group (55%).
The least dependent on car insurance are Victoria (about 50% share), the recently acquired Interamerican Bulgaria (45%) and Energia with only about 3 percent.
Source: profit.bg