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Dallbogg: Life and Health AD (Bulgaria)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Dallbogg: Life and Health Health Insurance Fund 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

Dallbogg: Life and Health Health Insurance Fund AD is a company located in Sofia, Bulgaria. Founded over 30 years ago, it is part of the Trade League Group, which is one of the largest corporate structures in Bulgaria. Since its establishment in 2008, Dallbogg has quickly become the 5th largest company out of 22 offering voluntary health insurance services in the market. The company has maintained stable market positions with an increasing market share, efficiency, and a diverse portfolio. In 2012, Dallbogg successfully implemented a quality management system based on ISO 9001:2008. In 2013, the company obtained a license to provide various types of insurance, including accident insurance, illness insurance, vehicle insurance, fire and natural disaster insurance, and others. In 2015, Dallbogg became a joint-stock insurance company. From 2015 to 2020, the company continued to develop its products and introduced new software to optimize customer service. In 2016, Dallbogg was one of the first companies in Bulgaria to introduce a "Guarantees" insurance policy following changes in the Public Procurement Act. As of 2020, the company is a leading provider of "Guarantees" insurance in Bulgaria and ranks among the top three companies with the highest premium income for "Civil Liability of Motorists" insurance.

Headquarters
G. M. Dimitrov 1
Sofia; Sofia - city; Postal Code: 1172

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Website: http://www.dallbogg.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 14, 2008
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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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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86%
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10%
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
14.57%
Operating profit (EBIT)
-27.72%
Net Profit (Loss) for the Period
-19.51%
Total assets
6.54%
Investments
39.18%
Receivables
2.35%
Total equity
10.94%
Net Premiums Earned Trend
-14.43%
Net Profit Trend
54.36%
Return on Equity (ROE)
-3.73%
Loss Ratio
3.95%
Underwriting Expenses Ratio
-4.79%

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