SOFIA (Bulgaria), March 19 (SeeNews) – The life insurance unit of Bulgarian insurer Bulstrad, majority owned by Austrian insurer Wiener Staedtische, expects its net profit to surpass 1.85 million levs ($1.5 million/945,700 euro) this year, up 9.0% from the preliminary 2007 figure, Bulstrad Life's executive director said on Wednesday.