Research and Markets: Non-Life Insurance in Bulgaria - Key Trends and Opportunities to 2017

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/n2t2mk/nonlife) has announced the addition of the "Non-Life Insurance in Bulgaria, Key Trends and Opportunities to 2017" report to their offering.

The Bulgarian non-life insurance segment is the largest in the country's insurance industry, accounting for 80.9% of the gross written premium in 2012. The non-life segment's penetration is expected to increase from 1.67% in 2012 to 1.73% in 2017. The gross written premium registered by the segment is expected to increase at a CAGR of 6.0%. The non-life segment is concentrated with the six leading companies accounting for 66.2% of the gross written premium in 2012.

Key Highlights

  • The Bulgarian non-life insurance segment is the largest in the country's insurance industry, accounting for 80.9% of the gross written premium in 2012.
  • The Bulgarian non-life segment was driven by the motor third-party liability segment during the review period and this is expected to continue over the forecast period.
  • Bulgarian non-life insurers are heavily dependent upon insurance brokers who accounted for 43.8% of total gross written premium from new business collected in 2012.
  • The non-life segment is concentrated with the six leading companies accounting for 66.2% of the gross written premium in 2012.
  • The frequent occurrence of natural disasters in Bulgaria has enhanced the public awareness about property insurance and its benefits.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Bulgarian Insurance Industry Attractiveness

4 Non-Life Insurance Outlook

5 Analysis by Distribution Channels

6 Porter's Five Forces Analysis - Bulgarian Non-Life Insurance Segment

7 Reinsurance Segment Outlook

8 Governance, Risk and Compliance

9 Competitive Landscape and Strategic Insights

10 Business Environment and Country Risk

11 Appendix

Companies Mentioned

  • Armeec Insurance JSC
  • Bulstrad Vienna Insurance Group
  • LEV INS AD Insurance Company
  • DZI General Insurance PLC
  • Allianz Bulgaria Holding AD
  • Bul Ins Insurance Company
  • Euroins Insurance Plc Bulgaria
  • UNIQA Insurance plc
  • Energia Insurance Company
  • Victoria Insurance Company Plc

For more information visit http://www.researchandmarkets.com/research/n2t2mk/nonlife

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance