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BAEZ EAD (Bulgaria)

Main Activities: Direct Property and Casualty Insurance Carriers
Full name: Bulgarian Export Insurance Agency EAD Profile Updated: October 23, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Bulgarian Export Insurance Agency EAD (BEIA EAD) is the only state insurance company specialized in credit and investment insurance for export transactions. It was created to promote and support Bulgarian exporting companies in their efforts to enter international markets, as well as companies trading in the domestic market. The insurance contract is an effective tool for guaranteeing claims in commercial, credit, and investment transactions and for accessing additional working capital financing. BEIA EAD is a full member of prestigious international and national organizations such as the Berne Union, Prague Club, and the Association of Bulgarian Insurers. The main goal of these relationships is cooperation in the field of insurance services.

Headquarters
bul. Aleksandar Stamboliyski 55, et. 1
Sofia; Sofia - city; Postal Code: 1301

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Website: http://www.baez.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:
October 29, 1998
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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Member of the Management Board
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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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100%
Company Performance
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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
-4.85%
Operating profit (EBIT)
-41.26%
Net Profit (Loss) for the Period
-39.23%
Total assets
4.85%
Investments
1.72%
Receivables
-31.65%
Total equity
2.2%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-2.86%
Loss Ratio
5.62%
Underwriting Expenses Ratio
6.52%

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