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Bul Ins AD (Bulgaria)

Main Activities: Direct Property and Casualty Insurance Carriers
Full name: Bul Ins 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

Bul Ins, which was established in 1995, is one of the biggest providers of personal auto insurance in Bulgaria. In 1998 the company obtained its local insurance licence. In late 1997, Bul Ins merged with Bulgarian Reinsurance company. The general insurer provides a full range of property and casualty products. Auto insurance accounts for more than 90% of the company`s premium income. Bul Ins distributes its products through direct sales agents, independent general agents and brokers.

Headquarters
87 James Boucher Blvd.
Sofia; Sofia - city; Postal Code: 1407

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Website: http://www.bulins.com

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:
August 31, 1995
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
Ownership Details
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9.95%
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9.92%
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9.78%
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9.63%
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9.62%
Company Performance
Financial values in the chart are available after Bul Ins 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
-3.49%
Operating profit (EBIT)
-91.6%
Net Profit (Loss) for the Period
-90.43%
Total assets
7.35%
Investments
18.8%
Receivables
-1.95%
Total equity
1.22%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-11.55%
Loss Ratio
-42.65%
Underwriting Expenses Ratio
-24.22%

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