site.btaInsurers’ End-March 2025 Assets Grow by 9.5% Y/Y to BGN 11.8 Bln

Assets managed by insurance companies operating in Bulgaria amounted to BGN 11.761 billion as of the end of March 2025. They increased by BGN 1.018 billion (9.5%) compared to the end of March 2024 (BGN 10.743 billion) and by BGN 248.4 million (2.2%) compared to the end of the fourth quarter of 2024 (BGN 11.512 billion), the Bulgarian National Bank reported on Monday.

Assets of life insurance companies increased by BGN 323.4 million (10.4%) from BGN 3.102 billion as of the end of March 2024 to BGN 3.425 billion at the end of the same month of 2025. Compared to the end of December 2024 (BGN 3.405 billion) they increased by BGN 20.4 million (0.6%). At the end of March 2025 their share in the total assets was 29.1% compared to 28.9% at the end of the first quarter of 2024 and 29.6% at the end of December 2024.

Assets managed by general insurance companies4 increased by BGN 694.2 million (9.1%) from BGN 7.642 billion as of the end of March 2024 to BGN 8.336 billion at the end of the same month of 2025 and by BGN 228 million (2.8%) compared to the end of December 2024 (BGN 8.108 billion). As of the end of March 2025 the share of the assets of general insurance companies in the overall assets was 70.9% compared to 71.1% at the end of the first quarter of 2024 and 70.4% at the end of December 2024, Bulgaria’s central bank said.