Bulgaria Insurance Q4 2019
We remain positive in our outlook for Bulgaria’s non-life insurance sector across our forecast period. We expectpremiums to be driven overwhelmingly by the highly pro-cyclical motor segment, in a context where consumer demand is on a verystrong trajectory and the economy is close to full employment. However, persistent structural challenges, namely high levels ofpoverty and income disparity will limit growth in in the currently underdeveloped life insurance sector. Nevertheless, we believethere is scope for some consolidation in both key markets.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook