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Life Insurance Institute AD (Bulgaria)

Main Activities: Direct Life Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Life Insurance Institute AD Profile Updated: September 22, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

"Life Insurance Institute AD is a company located in Sofia, Bulgaria. It was granted permission to engage in insurance activities by the Financial Supervision Commission through Decision No. 758-ZZ dated December 9, 2005. The company operates with a single-tier management system. Its shareholder capital, which guarantees the fulfillment of obligations to counterparties and the reinsurance and co-insurance agreements, ensures the financial stability of the company. The main shareholder of the company is ZK "Lev Ins" AD, a company that has established itself as one of the leading Bulgarian insurers in general insurance. In 2013, it ranked first in terms of premium income in the general insurance market. Another shareholder of Life Insurance Institute AD is "Lev Corporation" AD."

Headquarters
67A Simeonovsko Shose Blvd.
Sofia; Sofia - city; Postal Code: 1407

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Website: http://www.jzibg.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:
January 09, 2006
Key Executives
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Executive Director and Member of the Management Board
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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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63.68%
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30.01%
Subsidiaries
Harmonia - TM AD
94.1%
Tony-Consult OOD
Company Performance
Financial values in the chart are available after Life Insurance Institute 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
-12.53%
Operating profit (EBIT)
-1238.1%
Net Profit (Loss) for the Period
-1238.1%
Total assets
3.88%
Investments
2.61%
Receivables
-35.69%
Total equity
5.51%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-1.95%
Loss Ratio
-27.26%
Underwriting Expenses Ratio
4.06%

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