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Allianz Bulgaria Life ZAD (Bulgaria)

Main Activities: Direct Life Insurance Carriers | Direct Health and Medical Insurance Carriers
Full name: Allianz Bulgaria Life ZAD Profile Updated: September 21, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Allianz Bulgaria Life, the local life insurance arm of German insurance group Allianz AG, is one of the biggest players on the Bulgarian insurance market. The company offers a diversified portfolio of individual insurance, annuity and group products. It is the successor of Bulgaria Holding Ltd. Bulgaria Holding was established in 1992 and held a 31.4% of the market in 1997 with premiums of DEM 54 million. In November 1998, Allianz AG acquired a 51% stake in Bulgaria Holding Ltd for an undisclosed sum.
The German group currently runs three insurance companies, a pension fund, a leasing unit and a commercial bank in Bulgaria.

Headquarters
16 Srebarna Str.
Sofia; Sofia - city; Postal Code: 1407

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Website: http://www.allianz.bg

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 05, 1992
Key Executives
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Member of the Management Board
Ownership Details
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99%
Company Performance
Financial values in the chart are available after Allianz Bulgaria Life ZAD report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-1.86%
Operating profit (EBIT)
309.97%
Net Profit (Loss) for the Period
332.73%
Total assets
-11.66%
Investments
-11.23%
Receivables
202.37%
Total equity
-67.8%
Net Premiums Earned Trend
2.35%
Net Profit Trend
N/A
Return on Equity (ROE)
9.18%
Loss Ratio
-12.53%
Underwriting Expenses Ratio
-4.11%

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