The Insurance Industry in Bulgaria - Key Trends and Opportunities to 2022

4.1 Industry Indicators
4.1.1 Gross written premium
4.1.2 Direct written premium
4.1.3 Insurance density
4.1.4 Paid claims

5.1 Segment Indicators
5.1.1 Gross written premium
5.1.2 Direct written premium
5.1.3 Paid claims
5.1.4 Penetration
5.1.5 Assets and investments

6.1 Segment Indicators
6.1.1 Gross written premium
6.1.2 Direct written premium
6.1.3 Paid claims
6.1.4 Penetration
6.1.5 Loss ratio
6.1.6 Assets and investments
6.2 Property Insurance
6.2.1 Gross written premium
6.2.2 Penetration
6.2.3 Claims
6.3 Motor Insurance
6.3.1 Gross written premium
6.3.2 Penetration
6.3.3 Claims
6.4 Liability Insurance
6.4.1 Gross written premium
6.4.2 Penetration
6.4.3 Claims
6.5 Financial Lines Insurance
6.5.1 Gross written premium
6.5.2 Penetration
6.5.3 Claims
6.6 Marine, Aviation and Transit Insurance
6.6.1 Gross written premium
6.6.2 Penetration
6.6.3 Claims
6.7 Personal Accident and Health Insurance
6.7.1 Gross written premium
6.7.2 Penetration
6.7.3 Claims

7.1 Premium Ceded

9.1 Flooding
9.2 Storms
9.3 Earthquakes
9.4 Exposure

10.1 Company Profiles
10.1.1 Lev Ins AD - company overview
10.1.2 Bulstrad Vienna Insurance Group - company overview
10.1.3 Armeec Insurance JSC - company overview
10.1.4 DZI General Insurance - company overview
10.1.5 Allianz Bulgaria - company overview

11.1 Legislation Overview and Historical Evolution
11.2 Latest Changes in Regulation
11.3 Legislation and Market Practice by Type of Insurance
11.3.1 Life Insurance
11.3.2 Property Insurance
11.3.3 Motor Insurance
11.3.4 Liability insurance
11.3.5 Marine, aviation and transit insurance
11.3.6 Personal accident and health insurance
11.4 Compulsory Insurance
11.4.1 Motor third-party liability insurance
11.4.2 Personal accident insurance for passengers on public transport
11.4.3 Workmen’s compensation
11.4.4 Air carriers and aircraft operators insurance
11.4.5 Professional indemnity insurance for alternative investment fund managers
11.4.6 Liability for ships with respect to oil pollution
11.4.7 Social insurance system
11.5 Supervision and Control
11.5.1 International Association of Insurance Supervisors
11.5.2 European Insurance and Occupational Pensions Authority
11.5.3 Financial Supervision Commission
11.5.4 Federation of European Risk Management Associations
11.6 Non-Admitted Insurance Regulation
11.6.1 Overview
11.6.2 Intermediaries
11.6.3 Market practices
11.6.4 Fines and Penalties
11.7 Company Registration and Operations
11.7.1 Type of insurance organization
11.7.2 Establishing a local company
11.7.3 Foreign ownership
11.7.4 Types of license
11.7.5 Capital requirements
11.7.6 Solvency margin
11.7.7 Reserve requirements
11.7.8 Investment regulations
11.7.9 Statutory return requirements
11.7.10 Fee structure
11.8 Taxation
11.8.1 Insurance premium or policy taxation
11.8.2 Withholding taxes on premium paid overseas
11.8.3 Corporate tax
11.8.4 VAT
11.8.5 Captives
11.9 Legal System
11.9.1 Introduction
11.9.2 Access to court
11.9.3 Alternative dispute resolution

12.1 Life Insurance
12.1.1 Policies and premium
12.1.2 Claims and expenses
12.1.3 Assets and investments
12.2 General Insurance
12.2.1 Policies and premium
12.2.2 Claims and expenses
12.2.3 Assets and investments
12.2.4 Property insurance
12.2.5 Property insurance by category
12.2.6 Motor insurance
12.2.7 Motor insurance by category
12.2.8 Liability insurance
12.2.9 Financial lines insurance
12.2.10 Marine, aviation and transit insurance
12.2.11 Marine, aviation and transit insurance by category
12.2.12 Personal accident and health insurance
12.2.13 Personal accident and health insurance by category

13.1 Definitions
13.2 Methodology

14.1 Contact
14.2 About
14.3 Services
14.4 Disclaimer

Table 1: Bulgarian Insurance Industry - Key Facts, 2017
Table 2: Bulgarian Insurance Industry - Industry Shares of the Top Insurers, 2017
Table 3: Bulgarian Government Credit Ratings
Table 4: Bulgarian Insurance Industry - Gross Written Premium (BGN Billion and US$ Billion), 2013-2017
Table 5: Bulgarian Insurance Industry - Gross Written Premium (BGN Billion and US$ Billion), 2017-2022
Table 6: Bulgarian Insurance Industry - Direct Written Premium (BGN Billion and US$ Billion), 2013-2017
Table 7: Bulgarian Insurance Industry - Direct Written Premium (BGN Billion and US$ Billion), 2017-2022
Table 8: Bulgarian Insurance Industry - Density (BGN), 2013-2017
Table 9: Bulgarian Insurance Industry - Density (BGN), 2017-2022
Table 10: Bulgarian Insurance Industry - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 11: Bulgarian Insurance Industry - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 12: Bulgarian Life Insurance - Gross Written Premium (BGN Million and US$ Million), 2013-2017
Table 13: Bulgarian Life Insurance - Gross Written Premium (BGN Million and US$ Million), 2017-2022
Table 14: Bulgarian Life Insurance - Direct Written Premium (BGN Million and US$ Million), 2013-2017
Table 15: Bulgarian Life Insurance - Direct Written Premium (BGN Million and US$ Million), 2017-2022
Table 16: Bulgarian Life Insurance - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 17: Bulgarian Life Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 18: Bulgarian Life Insurance - Total Assets (BGN Billion and US$ Billion), 2013-2017
Table 19: Bulgarian Life Insurance - Total Assets (BGN Billion and US$ Billion), 2017-2022
Table 20: Bulgarian Life Insurance - Total Investment Income (BGN Million and US$ Million), 2013-2017
Table 21: Bulgarian Life Insurance - Total Investment Income (BGN Million and US$ Million), 2017-2022
Table 22: Bulgarian Life Insurance - Investment Portfolio (BGN Million), 2013-2017
Table 23: Bulgarian Life Insurance - Investment Portfolio (BGN Million), 2017-2022
Table 24: Bulgarian General Insurance - Gross Written Premium (BGN Billion and US$ Billion), 2013-2017
Table 25: Bulgarian General Insurance - Gross Written Premium (BGN Billion and US$ Billion), 2017-2022
Table 26: Bulgarian General Insurance - Direct Written Premium (BGN Billion and US$ Billion), 2013-2017
Table 27: Bulgarian General Insurance - Direct Written Premium (BGN Billion and US$ Billion), 2017-2022
Table 28: Bulgarian General Insurance - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 29: Bulgarian General Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 30: Bulgarian General Insurance - Total Assets (BGN Billion and US$ Billion), 2013-2017
Table 31: Bulgarian General Insurance - Total Assets (BGN Billion and US$ Billion), 2017-2022
Table 32: Bulgarian General Insurance - Total Investment Income (BGN Million and US$ Million), 2013-2017
Table 33: Bulgarian General Insurance - Total Investment Income (BGN Million and US$ Million), 2017-2022
Table 34: Bulgarian General Insurance - Investment Portfolio (BGN Million), 2013-2017
Table 35: Bulgarian General Insurance - Investment Portfolio (BGN Million), 2017-2022
Table 36: Bulgarian Property Insurance - Gross Written Premium (BGN Million and US$ Million), 2013-2017
Table 37: Bulgarian Property Insurance - Gross Written Premium (BGN Million and US$ Million), 2017-2022
Table 38: Bulgarian Property Insurance - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 39: Bulgarian Property Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 40: Bulgarian Motor Insurance - Gross Written Premium (BGN Billion and US$ Million), 2013-2017
Table 41: Bulgarian Motor Insurance - Gross Written Premium (BGN Billion and US$ Million), 2017-2022
Table 42: Bulgarian Motor Insurance - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 43: Bulgarian Motor Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 44: Bulgarian Liability Insurance - Gross Written Premium (BGN Million and US$ Million), 2013-2017
Table 45: Bulgarian Liability Insurance - Gross Written Premium (BGN Million and US$ Million), 2017-2022
Table 46: Bulgarian Liability Insurance - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 47: Bulgarian Liability Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 48: Bulgarian Financial Lines Insurance - Gross Written Premium (BGN Million and US$ Million), 2013-2017
Table 49: Bulgarian Financial Lines Insurance - Gross Written Premium (BGN Million and US$ Million), 2017-2022
Table 50: Bulgarian Financial Lines Insurance - Paid Claims (BGN Million and US$ Million013-2017
Table 51: Bulgarian Financial Lines Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 52: Bulgarian Marine, Aviation and Transit Insurance - Gross Written Premium (BGN Million and US$ Million), 2013-2017
Table 53: Bulgarian Marine, Aviation and Transit Insurance - Gross Written Premium (BGN Million and US$ Million), 2017-2022
Table 54: Bulgarian Marine, Aviation and Transit Insurance - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 55: Bulgarian Marine, Aviation and Transit Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 56: Bulgarian Personal Accident and Health Insurance - Gross Written Premium (BGN Million and US$ Million), 2013-2017
Table 57: Bulgarian Personal Accident and Health Insurance - Gross Written Premium (BGN Million and US$ Million), 2017-2022
Table 58: Bulgarian Personal Accident and Health Insurance - Paid Claims (BGN Million and US$ Million), 2013-2017
Table 59: Bulgarian Personal Accident and Health Insurance - Paid Claims (BGN Million and US$ Million), 2017-2022
Table 60: Bulgarian Reinsurance - Premium Ceded by Insurance Segment (BGN Million), 2013-2017
Table 61: Bulgarian Reinsurance - Premium Ceded by Insurance Segment (BGN Million), 2017-2022
Table 62: Bulgarian Insurance Industry - Market Shares of Leading Insurers (%), 2017
Table 63: Bulgarian Insurance Industry - Market Shares of Leading Life Insurers (%), 2017
Table 64: Bulgarian Insurance Industry - Market Shares of Leading General Insurers (%), 2017
Table 65: Lev Ins AD - Key Facts
Table 66: Bulstrad Vienna Insurance Group - Key Facts
Table 67: Armeec Insurance JSC - Key Facts
Table 68: DZI General Insurance - Key Facts
Table 69: Allianz Bulgaria - Key Facts
Table 70: Bulgaria - Insurance Regulatory Framework Key Features
Table 71: Bulgaria - Life Insurance Regulatory Framework
Table 72: Bulgaria - Property Insurance Regulatory Framework
Table 73: Bulgaria - Motor Insurance Regulatory Framework
Table 74: Bulgaria - Liability Insurance Regulatory Framework
Table 75: Bulgaria - Minimum Cover for Aircraft Third-Party Liability per Accident per Aircraft
Table 76: Bulgaria - Corporate Tax Rates for the Financial Year 2018
Table 77: Bulgarian Life Insurance - Policies and Premium, 2013-2017
Table 78: Bulgarian Life Insurance - Policies and Premium, 2017-2022
Table 79: Bulgarian Life Insurance - Claims and Expenses, 2013-2017
Table 80: Bulgarian Life Insurance - Claims and Expenses, 2017-2022
Table 81: Bulgarian Life Insurance - Assets and Investments, 2013-2017
Table 82: Bulgarian Life Insurance - Assets and Investments, 2017-2022
Table 83: Bulgarian General Insurance - Policies and Premium, 2013-2017
Table 84: Bulgarian General Insurance - Policies and Premium, 2017-2022
Table 85: Bulgarian General Insurance - Claims and Expenses, 2013-2017
Table 86: Bulgarian General Insurance - Claims and Expenses, 2017-2022
Table 87: Bulgarian General Insurance - Assets and Investments, 2013-2017
Table 88: Bulgarian General Insurance - Assets and Investments, 2017-2022
Table 89: Bulgarian General Insurance - Property Insurance, 2013-2017
Table 90: Bulgarian General Insurance - Property Insurance, 2017-2022
Table 91: Bulgarian General Insurance - Property Insurance by Category, 2013-2017
Table 92: Bulgarian General Insurance - Property Insurance by Category, 2017-2022
Table 93: Bulgarian General Insurance - Motor Insurance, 2013-2017
Table 94: Bulgarian General Insurance - Motor Insurance, 2017-2022
Table 95: Bulgarian General Insurance - Motor Insurance by Category, 2013-2017
Table 96: Bulgarian General Insurance - Motor Insurance by Category, 2017-2022
Table 97: Bulgarian General Insurance - Liability Insurance, 2013-2017
Table 98: Bulgarian General Insurance - Liability Insurance, 2017-2022
Table 99: Bulgarian General Insurance - Financial Lines Insurance, 2013-2017
Table 100: Bulgarian General Insurance - Financial Lines Insurance, 2017-2022
Table 101: Bulgarian General Insurance - Marine, Aviation and Transit Insurance, 2013-2017
Table 102: Bulgarian General Insurance - Marine, Aviation and Transit Insurance, 2017-2022
Table 103: Bulgarian General Insurance - Marine Aviation and Transit Insurance by Category, 2013-2017
Table 104: Bulgarian General Insurance - Marine Aviation and Transit Insurance by Category, 2017-2022
Table 105: Bulgarian General Insurance - Personal Accident and Health Insurance, 2013-2017
Table 106: Bulgarian General Insurance - Personal Accident and Health Insurance, 2017-2022
Table 107: Bulgarian General Insurance - Personal Accident and Health Insurance by Category, 2013-2017
Table 108: Bulgarian General Insurance - Personal Accident and Health Insurance by Category, 2017-2022
Table 109: Insurance Industry Definitions

Figure 1: Bulgarian Real GDP (BGN Billion), 2013-2022
Figure 2: Bulgarian Exchange Rate (BGN per US$), 2013-2022
Figure 3: Bulgarian Consumer Price Inflation (%), 2013-2022
Figure 4: Bulgarian Current Account Balance as Percentage of GDP (%), 2013-2022
Figure 5: Bulgarian Unemployment Rate, 2013-2022
Figure 6: Bulgarian Population by Age Group, 2013-2022
Figure 7: Bulgarian Insurance Industry - Gross Written Premium (BGN Billion), 2013-2022
Figure 8: Bulgarian Insurance Industry - Direct Written Premium (BGN Billion), 2013-2022
Figure 9: Bulgarian Insurance Industry - Density (BGN), 2013-2022
Figure 10: Bulgarian Insurance Industry - Paid Claims (BGN Million), 2013-2022
Figure 11: Bulgarian Life Insurance - Gross Written Premium (BGN Million), 2013-2022
Figure 12: Bulgarian Life Insurance - Direct Written Premium (BGN Million), 2013-2022
Figure 13: Bulgarian Life Insurance - Paid Claims (BGN Million), 2013-2022
Figure 14: Bulgarian Life Insurance - Penetration (%), 2013-2017
Figure 15: Bulgarian Life Insurance - Penetration (%), 2017-2022
Figure 16: Bulgarian Life Insurance - Total Assets (BGN Billion), 2013-2022
Figure 17: Bulgarian Life Insurance - Total Investment Income (BGN Million), 2013-2022
Figure 18: Bulgarian Life Insurance - Investment Portfolio (BGN Million), 2013-2022
Figure 19: Bulgarian Life Insurance - Investment Portfolio Dynamics (BGN Million), 2013-2022
Figure 20: Bulgarian General Insurance - Gross Written Premium (BGN Billion), 2013-2022
Figure 21: Bulgarian General Insurance - Direct Written Premium (BGN Billion), 2013-2022
Figure 22: Bulgarian General Insurance - Paid Claims (BGN Million), 2013-2022
Figure 23: Bulgarian General Insurance - Penetration (%), 2013-2017
Figure 24: Bulgarian General Insurance - Penetration (%), 2017-2022
Figure 25: Bulgarian General Insurance - Loss Ratio (%), 2013-2017
Figure 26: Bulgarian General Insurance - Loss Ratio (%), 2017-2022
Figure 27: Bulgarian General Insurance - Total Assets (BGN Billion), 2013-2022
Figure 28: Bulgarian General Insurance - Total Investment Income (BGN Million), 2013-2022
Figure 29: Bulgarian General Insurance - Investment Portfolio (BGN Million), 2013-2022
Figure 30: Bulgarian General Insurance - Investment Portfolio Dynamics (BGN Million), 2013-2022
Figure 31: Bulgarian Property Insurance - Gross Written Premium (BGN Million), 2013-2022
Figure 32: Bulgarian Property Insurance - Penetration (%), 2013-2017
Figure 33: Bulgarian Property Insurance - Penetration (%), 2017-2022
Figure 34: Bulgarian Property Insurance - Paid Claims (BGN Million), 2013-2022
Figure 35: Bulgarian Motor Insurance - Gross Written Premium (BGN Billion), 2013-2022
Figure 36: Bulgarian Motor Insurance - Penetration (%), 2013-2017
Figure 37: Bulgarian Motor Insurance - Penetration (%), 2017-2022
Figure 38: Bulgarian Motor Insurance - Paid Claims (BGN Million), 2013-2022
Figure 39: Bulgarian Liability Insurance - Gross Written Premium (BGN Million), 2013-2022
Figure 40: Bulgarian Liability Insurance - Penetration (%), 2013-2017
Figure 41: Bulgarian Liability Insurance - Penetration (%), 2017-2022
Figure 42: Bulgarian Liability Insurance - Paid Claims (BGN Million), 2013-2022
Figure 43: Bulgarian Financial Lines Insurance - Gross Written Premium (BGN Million), 2013-2022
Figure 44: Bulgarian Financial Lines Insurance - Penetration (%), 2013-2017
Figure 45: Bulgarian Financial Lines Insurance - Penetration (%), 2017-2022
Figure 46: Bulgarian Financial Lines Insurance - Paid Claims (BGN Million), 2013-2022
Figure 47: Bulgarian Marine, Aviation and Transit Insurance - Gross Written Premium (BGN Million), 2013-2022
Figure 48: Bulgarian Marine, Aviation and Transit Insurance - Penetration (%), 2013-2017
Figure 49: Bulgarian Marine, Aviation and Transit Insurance - Penetration (%), 2017-2022
Figure 50: Bulgarian Marine, Aviation and Transit Insurance - Paid Claims (BGN Million), 2013-2022
Figure 51: Bulgarian Personal Accident and Health Insurance - Gross Written Premium (BGN Million), 2013-2022
Figure 52: Bulgarian Personal Accident and Health Insurance - Penetration (%), 2013-2017
Figure 53: Bulgarian Personal Accident and Health Insurance - Penetration (%), 2017-2022
Figure 54: Bulgarian Personal Accident and Health Insurance - Paid Claims (BGN Million), 2013-2022
Figure 55: Bulgarian Reinsurance - Premium Ceded by Insurance Segment (BGN Million), 2013-2022
Figure 56: Bulgarian Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
Figure 57: Bulgarian General Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
Figure 58: Bulgarian Insurance Industry - Market Shares of Leading Insurers (%), 2017
Figure 59: Bulgarian Insurance Industry - Market Shares of Leading Life Insurers (%), 2017
Figure 60: Bulgarian Insurance Industry - Market Shares of Leading General Insurers (%), 2017
Figure 61: Bulgaria - The Three Pillars of Solvency II
Figure 62: Bulgaria - Insurance Supervision and Control at Various Levels
Figure 63: Bulgaria - Insurance Regulatory Frameworks for Company Registration and Operation 133