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Generali Insurance AD (Bulgaria)

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

Generali Insurance is the legal successor of Orel AD Insurance Company, which was established in 1991 as Bulgaria’s first private insurer. Orel AD Insurance Company was part of Bulgarian financial group Orel-G Holding, which global insurance group Generali took over in the summer of 2006. Orel AD was renamed into Generali Insurance later the same year, when the Holding took the name of Generali Holding Bulgaria. Generali Insurance’s portfolio includes property, cargo, car, travel, accident, general third-party and other insurance lines. In mid-2013 Generali Zakrila Health Insurance AD, also part of Generali Bulgaria Holding, merged into Generali Insurance.

Headquarters
68 Knyaz Al. Dondukov Blvd.
Sofia; Sofia - city; Postal Code: 1504

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Website: http://www.generali.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:
November 14, 1991
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 Supervisory Board
Ownership Details
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99.78%
Subsidiaries
Generali Zakrila Medical-Dental Centre EOOD
Company Performance
Financial values in the chart are available after Generali Insurance 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
10.02%
Operating profit (EBIT)
17.24%
Net Profit (Loss) for the Period
30.74%
Total assets
-3.72%
Investments
-7.23%
Receivables
9.06%
Total equity
-11.87%
Net Premiums Earned Trend
-15.05%
Net Profit Trend
N/A
Return on Equity (ROE)
4.55%
Loss Ratio
4.2%
Underwriting Expenses Ratio
0.61%

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