Pension insurance company DallBogg: Life and Health receives license by FSC

On May 27, Pension insurance company DallBogg: Life and Health (in process of incorporation) received license by FSC. Currently, there are 9 pension insurance companies, operating in Bulgaria, managing 28 universal, professional and voluntary pension funds with BGN 17.8bn AUM. Dall Bogg: Life and Health operates on the general insurance market with c. BGN 200m in gross written premiums (8.2% stake in 2020; 6th place ). In 2020 BGN 152m from the premiums came from MTPL insurance.