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Uniqa Life Insurance AD (Bulgaria)

Main Activities: Direct Life Insurance Carriers | Direct Health and Medical Insurance Carriers
Full name: Uniqa Life 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

Uniqa Life Insurance, established as Vitosha Life Insurance Company in December 1992, is part of local insurance group Uniqa Insurance. The company offers life and health insurance to individuals, as well as group insurance, reinsurance and retirement and savings products and services to corporations and other institutions. The group operates more than 100 branches and agencies across the country.
In mid-2005, British-based investment firm Equest Partners acquired indirect control of Vitosha by purchasing the insurance group's majority owner, Daru Finance. In July 2005, Equest sold a 20% stake in Vitosha to Austrian insurer Uniqa. The two firms were renamed into Uniqa Insurance and Uniqa Life Insurance in March 2007 when the Austrian insurer raised its stake in former Vitosha Insurance to 51%. In 2009, Equest Investments Balkans (EIB) sold its remaining stake in the local insurer to Uniqa International. As a result, Uniqa International became owner of 99.88% of Uniqa Bulgaria.

Headquarters
bul. Todor Aleksandrov 18
Sofia; Sofia - city; Postal Code: 1000

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Website: http://www.uniqa.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:
April 06, 1993
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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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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99.94%
Company Performance
Financial values in the chart are available after Uniqa Life 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
10.77%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-9.42%
Investments
-13.57%
Receivables
29.3%
Total equity
-21.14%
Net Premiums Earned Trend
N/A
Net Profit Trend
-416.02%
Return on Equity (ROE)
N/A
Loss Ratio
-1.29%
Underwriting Expenses Ratio
1.48%

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