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Nonlife insurance premiums up 10% in Bulgaria

Posted On: Mar. 10, 2023 9:40 AM CST

Financial results

Data from Bulgaria’s Financial Supervision Commission showed that local nonlife insurers’ aggregate gross written premiums increased by 10% year-on-year to 2.64 billion Bulgarian levs ($1.42 billion) in the first 11 months of 2022, SeeNews reported. Meanwhile, nonlife insurers’ combined net profit grew by 2.6% year-on-year to BGN243.98 million.