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The insurance market in Bulgaria in the first half of 2017

NEWS_PUBLISH_DATE 14 August 2017
The insurance market in Bulgaria in the first half of 2017 image

The premium income realized through the mediation of insurance brokers in the first half of 2017 amounted to BGN 617,907 thousand. For comparison, during the same period of 2016. - BGN 535,503 thousand. As of 30.06.2017, the largest share is occupied by car insurance - "Civil liability" (47% share of written premiums for non-life insurance) and "Land vehicles, excluding rail vehicles" ( They are followed by “Fire and natural disasters” (6% of) and “Other property damage” (3%).

In life insurance, the premium income realized through insurance brokers as of 30.06.2017 is recorded mainly under life insurance and annuities (65% share of recorded life insurance premiums) followed by Sickness and Accident insurance.