June 10 (SeeNews) - The assets managed by Bulgarian insurance companies increased by an annual 3% to 7.95 billion levs ($4.6 billion/4.1 billion euro) at the end of March, the country's central bank said.
On a quarterly comparison basis, the assets managed by Bulgarian insurers rose 4%, the Bulgarian National Bank (BNB) said in a quarterly insurance sector report on Friday.
The assets of general insurance companies edged up 0.1% year-on-year to 5.70 billion levs at the end of March, while the assets managed by life insurance companies increased by an annual 10.9% to 2.25 billion levs.
The assets of general insurance companies made up 71.7% of the total, while the assets of life insurance companies formed 28.3%.
Securities other than shares formed 47.6% of the insurance companies' assets at end-March, down from 49.4% a year earlier.
Shares accounted for 13.8% of insurers' total assets at the end of March, while claims from insurance operations constituted 10.9%.
(1 euro=1.95583 levs)