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Bulgaria's DallBogg: Life and Health seeks nod to offer suretyship insurance in France

Author Mario Tanev
Bulgaria's DallBogg: Life and Health seeks nod to offer suretyship insurance in France Financial Supervision Commission/All rights reserved.

SOFIA (Bulgaria), January 21 (SeeNews) - Bulgaria's DallBogg: Life and Health intends to offer suretyship insurance in France, according to a statement published by Bulgaria's Financial Supervision Commission on Tuesday.

The Bulgarian regulator has asked the company to provide additional information and documents regarding its plans, the FSC said in a statement on Tuesday.

The regulator did not provide further details.

DallBogg: Life and Health was Bulgaria's tenth largest non-life insurer at the end of October 2019, according to FSC data. The company controlled a 5.8% market share with premiums of 116.3 million levs ($66 million/59.4 million euro).

Last year, the company received approval to offer suretyship insurance in Spain, Belgium, France and Germany.

(1 euro = 1.95583 levs)

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