Bulstrad and DZI General Insurance Still Leaders in Terms Of Market Share In August

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Bulstrad and DZI General Insurance Still Leaders in Terms Of Market Share In August

At the end of August Bulstrad and DZI General Insurance are still leaders on the market of general insurance in Bulgaria, shows statistics provided by the Financial Supervision Commission.

Both companies together are holding a little over 30% of the market – 15.96% and 14.24%, respectively.

Number three is again Allianz Bulgaria with 12.77% of the market, followed by Bul Ins and Lev Ins, the latter is planning a listing on the Bulgarian Stock Exchange.

Unica has a market share of a little over 6% and Armeetz has 6.81%. At the end of August Generali Insurance and Euroins have market shares of respectively 5.64% and 4.62%, while Bulgarian Properties has 3.72%.

The nine companies, which remain outside the top 10 hold a total of 10.18% of the market, four of them having less than 1%.

As we already informed, the gross premium income on general insurance at the end of August stands at 779.351 mln leva (398.475 mln euros). General insurance claims paid total 295.954 mln leva (151.318 mln euros). 

CompanyAugustJulyJune
Bulstrad JSC15.96%16.67%16.54%
DZI – General Insurance14.24%14.68%14.01%
Allianz Bulgaria12.77%13.50%13.17%
Bul Ins11.85%12.23%11.22%
Lev Ins JSC7.30%7.82%7.94%
Unica JSC7.03%7.07%6.82%
Armeetz Jsc 6.81%7.06%6.65%
Generali insurance Jsc5.64%6.17%6.38%
Insurance Company Euroins Jsc4.52%4.66%4.42%
Bulgarian properties Jsc3.72%0.00%3.40%
Energia3.14%2.83%2.46%
Viktoria Jsc2.02%2.07%1.95%
AIG Bulgaria1.62%1.67%1.68%
Interamerican Bulgaria1.16%1.22%1.15%
HDI1.07%1.12%1.01%
Municipal Insurance Company 0.51%0.54%0.52%
DSK Garanzia0.32%0.32%0.30%
UBB AIG0.19%0.32%0.21%
Bulgarian Agency For Export Insurance0.15%0.17%0.16%

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