Bulgaria Insurance Q2 2019
The insurance industry in Bulgaria continues to offer considerable opportunities for expansion. In the non-life sector,which is currently dominated by motor insurance, improved consumer spending power will drive up demand for smaller lines,particularly segments such as health and personal accident insurance. Similarly, greater employment and income levels will improvehousehold capacity for savings and investments products which will stimulate growth in the currently underdeveloped lifeinsurance sector. Across the market, the presence of several major regional and multinational carriers helps to ensure broad productranges and distribution channels are available to potential consumers.
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