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Asset Insurance AD (Bulgaria)

Main Activities: Direct Property and Casualty Insurance Carriers
Full name: Asset Insurance Company AD 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

Asset Insurance Company AD is a modern and dynamically developing insurance company located in Sofia, Bulgaria. The company is committed to providing quality service and maximum protection for its insured individuals. In the event of an insurance event, the company promptly and fairly compensates its clients for any damages suffered. Asset Insurance Company offers a full range of insurance products in the general insurance segment, including both traditional and innovative insurance products developed based on leading international practices. With a portfolio of over 40 web-based insurance products, the company is able to meet the needs of all its future clients in a timely and adequate manner. The company's corporate policy is based on the principles of global quality standards for customer service in general insurance. Asset Insurance Company values professionalism, competence, and fairness in its specialists and partners in order to gain the trust of its clients and establish mutually beneficial long-term cooperation.

Headquarters
ul. Shar Planina 35
Sofia; Sofia - city; Postal Code: 1000

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Website: http://www.assetins.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 20, 2014
Key Executives
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Executive Director and Member of the Board of Directors
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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43.2%
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20%
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9%
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5%
Company Performance
Financial values in the chart are available after Asset Insurance AD 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
13.59%
Operating profit (EBIT)
-2.37%
Net Profit (Loss) for the Period
8.51%
Total assets
9.26%
Investments
-2.45%
Receivables
7.82%
Total equity
23.57%
Net Premiums Earned Trend
-25.05%
Net Profit Trend
-73.55%
Return on Equity (ROE)
-2.14%
Loss Ratio
-2.57%
Underwriting Expenses Ratio
-0.18%

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