Bulgaria Insurance Q4 2018
The outlook for Bulgaria's insurance market is proving increasingly positive. Robust economic trends, rising employmentand steady wage growth all bode well for consumer spending in the country, which in turn will boost demand for a range ofinsurance covers. Greater household spending power also bodes well for the nascent life insurance sector, as more potentialcustomers realise the benefits of long-term savings, investments and protection products. While some downside risk stems from apotential economic slowdown, overall we expect to see healthy growth in Bulgaria's life and non-life sectors.
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