Bulstrad stands as the leader on the insurance market for 2022

Bulstrad stands as the leader on the insurance market for 2022

Bulstrad Vienna Insurance Group holds the leading position on the insurance market for 2022, according to the officially published data from the Financial Supervision Commission about the insurance market up to 31 December 2022.

The two companies, Bulstrad VIG and Bulstrad Life VIG, have generated together a premium income of BGN 492.1 million.

Undoubtedly, this result reflects the trust of our clients. For me and my colleagues this is what matters most in the insurance business. We strongly believe that the core of our success is formed by the teamwork, and therefore I would like to thank our employees and partners, as well as all our clients who recognized Bulstrad Vienna Insurance Group as their Insurer”, Nedyalko Chandarov, CEO of Bulstrad, has commented. 

Bulstrad and Bulstrad Life are part of Vienna Insurance Group (VIG), the leading insurance group in Austria and in the Central and Eastern European (CEE) region. Around 50 insurance companies in 30 countries form a Group with a long-standing tradition, strong brands and close customer relations. The more than 25,000 employees in the VIG take care of the day-to-day needs of more than 22 million customers. VIG shares have been listed on the Vienna Stock Exchange since 1994, on the Prague Stock Exchange since 2008 and on the Budapest Stock Exchange since November 2022. The VIG Group has an A+ rating with stable outlook by the internationally recognized rating agency Standard & Poor's. VIG cooperates closely with the Erste Group, the largest retail bank in Central and Eastern Europe.