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Bulstrad Life Vienna Insurance Group EAD (Bulgaria)

Main Activities: Direct Life Insurance Carriers | Direct Health and Medical Insurance Carriers
Full name: Bulstrad Life Vienna Insurance Group EAD Profile Updated: October 24, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Bulstrad Life, incorporated in 1994, is a financial services organisation that provides a range of wealth accumulation and protection products and services to individuals and corporate customers.
Bulstrad Life's portfolio of products and services include financial and assurance programs, term-life insurance programs, travel abroad protection programs, bank and health insurance.
The company distributes its products through direct sales agents, independent general agents and brokers, financial intermediaries and banks.
May 2007, Austrian insurance company Vienna Insurance Group (VIG) acquired 60% of TBIH Financial Services Group and thus became an indirect owner of Bulstrad with 58.4%. April 2009, VIG raised its stake to 77.08% through a sequence of indirect participations.
In end-2013 Bulstrad Health ZOD merged into Bulstrad Life VIG following the changes in the Insurance Code.

Headquarters
ul. Sveta Sofia 6
Sofia; Sofia - city; Postal Code: 1301

Contact Details: Purchase the Bulstrad Life Vienna Insurance Group EAD report to view the information.

Website: http://www.bulstradlife.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:
September 01, 1994
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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100%
Subsidiaries
Bulstrad trudova meditsina EOOD
100%
Global Services Bulgaria AD
25%
Tbi Info AD
20%
Company Performance
Financial values in the chart are available after Bulstrad Life Vienna Insurance Group EAD 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
27.95%
Operating profit (EBIT)
71.82%
Net Profit (Loss) for the Period
99.59%
Total assets
-0.79%
Investments
-6.74%
Receivables
41.06%
Total equity
-55.96%
Net Premiums Earned Trend
13.39%
Net Profit Trend
94.78%
Return on Equity (ROE)
26.1%
Loss Ratio
2.22%
Underwriting Expenses Ratio
-1.43%

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