Life Insurance in Bulgaria, Key Trends and Opportunities to 2021
Timetric’s 'Life Insurance in Bulgaria, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Bulgarian life insurance segment, and a comparison of the Bulgarian insurance industry with its regional counterparts.
It provides key performance indicators such as written premium, incurred loss, commissions and expenses, total assets and total investment income during the review period (2012–2016) and forecast period (2016–2021).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Bulgarian economy and demographics, and provides detailed information on the competitive landscape in the country.
The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.
Timetric’s 'Life Insurance in Bulgaria, Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Bulgarian life insurance segment, including:
An overview of the Bulgarian life insurance segment
The Bulgarian life insurance segment’s growth prospects by category
A comprehensive overview of the Bulgarian economy and demographics
A comparison of the Bulgarian life insurance segment with its regional counterparts
The various distribution channels in the Bulgarian life insurance segment
Details of the competitive landscape in the life insurance segment in Bulgaria
Details of regulatory policy applicable to the Bulgarian insurance industry
This report provides a comprehensive analysis of the life insurance segment in Bulgaria:
It provides historical values for the Bulgarian life insurance segment for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.
It offers a detailed analysis of the key categories in the Bulgarian life insurance segment, and market forecasts to 2021.
It provides a comparison of the Bulgarian life insurance segment with its regional counterparts.
It analyzes the various distribution channels for life insurance products in Bulgaria.
It profiles the top life insurance companies in Bulgaria and outlines the key regulations affecting them.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Bulgarian life insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Bulgarian life insurance segment.
Assess the competitive dynamics in the life insurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Bulgarian insurance industry, and their impact on companies and the industry's future.
On February 16, 2017, the European Insurance and Occupational Pensions Authority (EIOPA) published a decision regarding the collaboration of insurance regulatory authorities from all European Union (EU) member states in accordance with the requirements stipulated in Solvency II directive.
On February 2, 2017, the European Parliament and of the Council published a new Insurance Distribution Directive 2016/97 in the official journal of the EU.
Unit-linked was the leading life insurance class in 2016, particularly due to low interest rates. Bulgarian insurers introduced a number of unit-linked products during the review period. Bulstrad Life partnered with Post Bank and launched index-linked life insurance in 2016.
Solvency II came into effect on January 1, 2016, and is expected to have a considerable effect on the Bulgarian insurance industry. It is a reform of risk-management and capital-adequacy requirements to ensure a more accurate allocation of capital to risk.