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Euroins AD (Bulgaria)

Main Activities: Direct Property and Casualty Insurance Carriers
Full name: Euroins 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

Euroins Insurance Company AD is a leading insurance company in Bulgaria. It was incorporated on an unspecified date and has a strong presence in Sofia. The company focuses on offering comprehensive insurance services and a wide range of insurance products. They have a portfolio of over 63 insurance products, covering 18 types of insurance. Euroins Insurance Company AD has a large network of branches and representatives throughout the country, with over 87 offices and 1500 intermediaries. The company is one of the founding members of the National Bureau of Bulgarian Motor Insurers. It was registered as a public company by the Financial Supervision Commission in December 2005 and started trading on the Bulgarian Stock Exchange in January 2006. Euroins Insurance Company AD is part of the Euroins Insurance Group, one of the largest independent insurance groups operating in Central and Eastern Europe. The group has over 2 million customers, 2,100 employees, and annual revenues exceeding 280 million euros. The Euroins brand is present in twelve European countries, including Bulgaria, Romania, North Macedonia, Greece, Italy, Spain, Poland, Germany, the United Kingdom, the Netherlands, Ukraine, and Georgia. Euroins Insurance Company AD is the largest insurance company in Bulgaria in terms of total premium income, which exceeded 232 million euros in 2022.

Headquarters
43 Hristofor Kolumb Blvd.
Sofia; Sofia - city; Postal Code: 1592

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Website: http://www.euroins.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:
July 20, 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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Executive Director
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Member of the Board of Directors
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Procurator
Ownership Details
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98.64%
Company Performance
Financial values in the chart are available after Euroins 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
6.96%
Operating profit (EBIT)
-95.56%
Net Profit (Loss) for the Period
-58.4%
Total assets
16.93%
Investments
21.32%
Receivables
6.25%
Total equity
28.22%
Net Premiums Earned Trend
-43.19%
Net Profit Trend
7.41%
Return on Equity (ROE)
-3.94%
Loss Ratio
4.66%
Underwriting Expenses Ratio
3.42%

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