Bulgaria Insurance Report Q1 2014 - New Market Report
Bulgaria's insurance sector is underdeveloped by virtually all metrics. It will remain so through the 2013-17 forecast period. Most of the challenges that confront insurance companies in poorer countries of Central and Eastern Europe are present. These include significant numbers of people who are too poor to afford insurance solutions (be they property/casualty covers or long-term savings solutions. For many of the insurance companies that are present though, profitability should rise: ongoing consolidation should provide greater economies of scale and,...
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