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Personal Accident and Health Insurance in Bulgaria, Key Trends and Opportunities to 2021

  • Key Facts and Highlights
    • Table Bulgarian Personal Accident and Health Insurance - Key Facts, 2016
    • Table Bulgarian Personal Accident and Health Insurance - Segment Shares of the Top Insurers, 2016
  • Executive Summary
  • Economy and Demographics
    • Table Bulgarian Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Bulgarian Personal Accident and Health Insurance - Gross Written Premium (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Penetration (%), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Gross Written Premium (BGN Million and US$ Million), 2016-2021
        • Table Bulgarian Personal Accident and Health Insurance - Penetration (%), 2016-2021
        • Table Bulgarian Personal Accident and Health Insurance - Premium per Capita (BGN and US$), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Premium per Capita (BGN and US$), 2016-2021
      • Claims
        • Table Bulgarian Personal Accident and Health Insurance - Paid Claims (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Paid Claims (BGN Million and US$ Million), 2016-2021
      • Profitability
        • Table Bulgarian Personal Accident and Health Insurance - Profitability Ratio (%), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Profitability Ratio (%), 2016-2021
      • Assets and investments
        • Table Bulgarian Personal Accident and Health Insurance - Total Assets (BGN Million and S$ Million), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Total Assets (BGN Million and S$ Million), 2016-2021
        • Table Bulgarian Personal Accident and Health Insurance - Total Investment Income (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Total Investment Income (BGN Million and US$ Million), 2016-2021
        • Table Bulgarian Personal Accident and Health Insurance - Investment Portfolio (BGN Million), 2012-2016
        • Table Bulgarian Personal Accident and Health Insurance - Investment Portfolio (BGN Million), 2016-2021
  • Outlook by Category
    • Table Bulgarian Personal Accident and Health Insurance - Direct Written Premium by Category (BGN Million), 2012-2016
    • Table Bulgarian Personal Accident and Health Insurance - Direct Written Premium by Category (BGN Million), 2016-2021
    • Personal Accident Insurance
      • Premium
        • Table Bulgarian Personal Accident Insurance - Direct Written Premium (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Personal Accident Insurance - Direct Written Premium (BGN Million and US$ Million), 2016-2021
      • Claims
        • Table Bulgarian Personal Accident Insurance - Paid Claims (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Personal Accident Insurance - Paid Claims (BGN Million and US$ Million), 2016-2021
    • Health Insurance
      • Premium
        • Table Bulgarian Health Insurance - Direct Written Premium by Sub-Category (BG Million), 2012-2016
        • Table Bulgarian Health Insurance - Direct Written Premium by Sub-Category (BG Million), 2016-2021
      • Claims
        • Table Bulgarian Health Insurance - Paid Claims (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Health Insurance - Paid Claims (BGN Million and US$ Million), 2016-2021
    • Travel Insurance
      • Premium
        • Table Bulgarian Travel Insurance - Direct Written Premium (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Travel Insurance - Direct Written Premium (BGN Million and US$ Million), 2016-2021
      • Claims
        • Table Bulgarian Travel Insurance - Paid Claims (BGN Million and US$ Million), 2012-2016
        • Table Bulgarian Travel Insurance - Paid Claims (BGN Million and US$ Million), 2016-2021
  • Distribution Channel Outlook
    • Analysis by Distribution Channel
  • Competitive Landscape
    • Table Bulgarian Personal Accident and Health Insurance - Segment Shares of Leading Insurers (%), 2016
    • Company Profiles
      • Bulstrad Life Vienna Insurance Group JSC - company overview
        • Table Bulstrad Vienna Insurance Group - Key Facts
      • DZI General Insurance - company overview
        • Table DZI General Insurance - Key Facts
      • Victoria Insurance - company overview
        • Table Victoria Insurance Company - Key Facts
      • Allianz Bulgaria Life - company overview
        • Table Allianz Bulgaria Life - Key Facts
      • CCB Life - company overview
        • Table CCB Life - Key Facts
  • Governance, Risk and Compliance
    • Table Bulgaria - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life Insurance
        • Table Bulgaria - Life Insurance Regulatory Framework
      • Property Insurance
        • Table Bulgaria - Property Insurance Regulatory Framework
      • Motor Insurance
        • Table Bulgaria - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Bulgaria - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Personal accident insurance for passengers on public transport
      • Workmen's compensation
      • Air carriers and aircraft operators insurance
        • Table Bulgaria - Minimum Cover for Aircraft Third-Party Liability per Accident per Aircraft
      • Professional indemnity insurance for alternative investment fund managers
      • Liability for ships with respect to oil pollution
      • Social insurance system
    • Supervision and Control
      • International Association of Insurance Supervisors
      • European Insurance and Occupational Pensions Authority
      • Financial Supervision Commission
      • Federation of European Risk Management Associations
    • Non-Admitted Insurance Regulation
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Bulgaria - Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Bulgarian Personal Accident and Health Insurance Industry - Policies and Premium, 2012-2016
      • Table Bulgarian Personal Accident and Health Insurance Industry - Policies and Premium, 2016-2021
    • Claims and Expenses
      • Table Bulgarian Personal Accident and Health Insurance - Claims and Expenses, 2012- 2016
      • Table Bulgarian Personal Accident and Health Insurance - Claims and Expenses, 2016-2021
    • Assets and Investments
      • Table Bulgarian Personal Accident and Health Insurance - Assets and Investments, 2012-2016
      • Table Bulgarian Personal Accident and Health Insurance - Assets and Investments, 2016-2021
    • Insurance Brokers and Agencies
      • Table Bulgarian Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2012-2016
      • Table Bulgarian Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2016-2021
    • Personal Accident Insurance
      • Table Bulgarian Personal Accident and Health Insurance - Personal Accident Insurance, 2012-2016
      • Table Bulgarian Personal Accident and Health Insurance - Personal Accident Insurance, 2016-2021
    • Health Insurance
      • Table Bulgarian Personal Accident and Health Insurance - Health Insurance, 2012-2016
      • Table Bulgarian Personal Accident and Health Insurance - Health Insurance, 2016-2021
    • Health Insurance by Category
      • Table Bulgarian Personal Accident and Health Insurance - Health Insurance by Product, 2012-2016
      • Table Bulgarian Personal Accident and Health Insurance - Health Insurance by Product, 2016-2021
    • Travel Insurance
      • Table Bulgarian Personal Accident and Health Insurance - Travel Insurance, 2012-2016
      • Table Bulgarian Personal Accident and Health Insurance - Travel Insurance, 2016-2021
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

Personal Accident and Health Insurance in Bulgaria, Key Trends and Opportunities to 2021

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Bulgaria, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Bulgarian personal accident and health 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, loss ratio, commissions and expenses, combined ratio, 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.

Summary

Timetric’s 'Personal Accident and Health Insurance in Bulgaria, Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Bulgarian personal accident and health insurance segment, including:

  • An overview of the Bulgarian personal accident and health insurance segment
  • The Bulgarian personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Bulgarian economy and demographics
  • A comparison of the Bulgarian personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Bulgarian personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Bulgaria
  • Details of regulatory policy applicable to the Bulgarian insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Bulgaria:
  • It provides historical values for the Bulgarian personal accident and health 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 personal accident and health insurance segment, and market forecasts to 2021.
  • It provides a comparison of the Bulgarian personal accident and health insurance segment with its regional counterparts.
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Bulgaria.
  • It profiles the top personal accident and health 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 personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Bulgarian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health 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.
Key Highlights
  • On April 1, 2017, the National Framework Agreement of the National Health Insurance Fund (NHIF) came into effect. This agreement reinstated the contract basis between the NHIF and entities operating within the sector.
  • On January 1, 2017, the Bulgarian government amended the ordinance on the terms and conditions for the registration and regulation of pharmaceuticals prices. This amendment is to improve the existing pricing regime of pharmaceuticals regarding the home treatment of chronic, genetic and rare diseases that are paid for by the NHIF.
  • 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.


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