Financial and business news from Bulgaria

By 7.8% per annum grow funds of insurance companies

The funds managed by the companies carrying out insurance activities at the end of September amounted to BGN 9.048 billion and on an annual basis increased by 7.8 percent, reports the Bulgarian National Bank.
Funds managed by general insurance companies have increased in one year by BGN 458.7 million. (7.7 per cent) to £6.428bn

Instruments included in the assets of insurance companies predominate the holdings of securities other than shares, which increase on an annual basis by BGN 180.8 million. (4.3 percent) to 4.341 billion levs.

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