site.btaAssets Managed by Insurance Companies Operating in Bulgaria Amount to BGN 10.3 Bln as of End of March

Assets managed by insurance companies operating in Bulgaria, amounted to BGN 10.3 billion as of the end of March. They increased by BGN 804.2 million (8.5%) compared to the same month last year and by BGN 697.9 million (7.3%) compared to the end of December, the Bulgarian National Bank said on Friday.

Assets managed by general insurance companies amounted to BGN 7.490 billion, marking a BGN 757.5 million (11.3%) increase compared to the same month of 2022 and BGN 542 million (7.8%) increase compared to the end of December 2022.

As of the end of March 2023 the share of the assets of general insurance companies in the overall assets was 72.7% compared to 70.9% at the end of the first quarter of 2022 and 72.3% at the end of December 2022.