Important distinction for Euroins in SE Europe – Ranked 11th in the SEE TOP 100 list

At the top of the ranking among insurance groups in Bulgaria

Sofia, 9 November 2023 – The top position among insurance companies in Bulgaria was acquired by ZD Euroins AD, a member of the insurance group of Eurohold - Euroins Insurance Group AD (EIG).

In the annual "SEE TOP 100" insurance ranking, compiled by SeeNews.com business news, intelligence, and analytics platform, Euroins climbed four places in 2022 to 11th place among insurance groups from 11 Southeast European countries.

In 2022, the Company recorded a gross turnover of €232 million euro, achieving an increase of almost 32% year-on-year. The significant increase in premium income was achieved mainly due to the Company's growth in the markets outside Bulgaria, as well as the higher sales volume of non-life insurance.

Mrs. Yoanna Tsoneva, Executive Director of Euroins Bulgaria, said: "Our results represent the fruits of many years of efforts to provide the best possible service to our customers, whom we warmly thank for their trust. Our success is focused on the optimal management of our portfolio, as well as our ability to respond in a timely manner to changing market conditions without compromising on the services and benefits offered. We are committed in continuing to work for the maximum benefit of our customers. Within the next few days, Euroins Bulgaria will launch its new corporate site, through which our services and products will also be offered via digital channels. Euroins Bulgaria customers will have the opportunity to manage their insurance product portfolio on their own."

Euroins Bulgaria is among the leading insurance companies in Bulgaria in terms of premium income. At the beginning of October, the company proceeded with a share capital increase of €7.7 million. to finance its growth in foreign markets. In addition to Bulgaria, Euroins operates in Greece through a branch, as well as in Poland, Spain, the Netherlands, Germany, and Italy under the freedom to provide services. Recently, Euroins Bulgaria has also been active in the Romanian market, where it offers non-motor insurance products.

In parallel with its main activity, Euroins Bulgaria contributes significantly to the development of society and living environment in all markets in which it is present, supporting a series of projects and charitable actions in the fields of sports, culture, art, and philanthropy.

ZD Euroins AD (Euroins Bulgaria)

The insurance company Euroins AD is among the leading companies in the sector in Bulgaria according to data from the Financial Supervision Commission. The company operates in Greece (through a branch), Poland, the Netherlands, Spain, Italy and Germany, offering a full range of insurance products and is a leader in travel policies on the Bulgarian market. Euroins Bulgaria is part of Euroins Insurance Group AD (EIG), one of the largest insurance groups in Central and South-Eastern Europe (CEE). EIG is owned by Eurohold Bulgaria, a leading energy and financial group in CEE. A minority shareholder with around 10% of EIG's capital is the European Bank for Reconstruction and Development (EBRD).

 www.euroins.bg

Eurohold Bulgaria AD

Eurohold Bulgaria AD is a leading energy and financial group operating in the region of Central, Eastern and South-Eastern Europe. Its shares are traded on the stock exchanges in Sofia and Warsaw. Eurohold is the owner of Euroins Insurance Group AD (EIG), one of the largest insurance groups in the region. EIG provides a full range of insurance services, operates in 10 countries, serves more than 2 million customers and has more than 2,000 employees. Eurohold is also the owner of Electrohold, a leading energy group in Bulgaria, owning the largest distributor, supplier and trader of electricity in the country. Electrohold has over 3,000 employees and serves nearly 3 million users.

 www.eurohold.bg ; www.eig.bg ; www.electrohold.bg