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Insurers file to operate in Bulgaria: Report


SOFIA, Bulgaria—More than a dozen insurance companies recently notified Bulgaria's financial regulators of their interest in operating in the country, according to a local news account.

Of the notifications received between June 5 and July 4, six originated from the United Kingdom: The Prudential Assurance Co., Berkshire Hathaway International Insurance, Royal And Sun Alliance Insurance (Global), Royal International Insurance Holdings and Royal & Sun Alliance Insurance Group P.L.C., and British-Swedish International Insurance Company of Hannover.

Others included Germany's Basler Securitas Versicherungs-Aktiengesellschaft, Ireland's W.T.C.D. Insurance Corporation, Sweden's Sveriges Angfartygs Assurans Forening, Hungary's QBE Atlasz Biztosito Zrt, and Poland's Towarzystwo Ubezpieczen.

The number of notifications received so far in 2007 stands at 127 for insurance companies and 114 for insurance brokers, according to the report.