New Market Study, "Non-Life Insurance in Bulgaria, Key Trends and Opportunities to 2017", Has Been Published
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.
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