November 23 (SeeNews) - Bulgarian insurance company Lev Ins is planning to offer its services in Norway, according to a statement by the Financial Supervision Commission (FSC).
Lev Ins needs to pay the fees it owes to the FSC, before the regulator considers the company's documents regarding its intention to enter the Norwegian market, the FSC said in a statement late on Thursday.
The FSC did not provide further details.
Earlier this month, the financial regulator said Lev Ins is planning to offer motor third party liability insurance in Poland.
Last month, the regulator also asked Lev Ins for information regarding the company's plans to set up branches in France, Romania and Greece.
According to data from the company's website, Lev Ins holds a 13% market share on the Bulgarian insurance market.
The insurer has 108 offices and employs over 1,000 people.
Lev Ins AD is among the biggest insurers in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here