Types of insurance

Premiums for fire insurance increased at a rate of 12.6% in the first half of this year, a result to some extent of the compulsory insurance for all businesses with a turnover of more than 2 million euros, which was instituted at the beginning of the year.

The year's first five months showed an increase in the insurance business by 12.1%, compared to January-May 2023, part of which is fueled by the increase in premiums, as well as the growth in sales for residential and business insurance after the catastrophic advent of Storm Daniel last September. 

The goal is to identify vehicles that are circulating while they are immobilized, uninsured or have pending road taxes

Insured individuals with mature retirement rights had to take all necessary actions themselves to submit their retirement application

Analysts expect the Baltimore bridge disaster to trigger billions of dollars in insurance claims, making it one of the largest single marine insurance losses

A potential major earthquake is projected to incur a staggering $325 billion in damages, posing an economic burden equal to one year of the state's budget, Daily Hürriyet has reported.

The Bulgarian government has endorsed changes to the Insurance Code today, suggesting that drivers who cause more accidents should face higher premiums for compulsory third-party insurance.

The extended Conference and Seminars program of this June's Posidonia 2024, including forums such as the Tradewinds Shipowners Forum and the HELMEPA Conference, which attract the most senior shipowners from around the globe, will address the most critical issues in the industry.

The platform has opened for the submission of applications by property owners who have insured their properties, for the tax office to calculate the 10% discount on the Single Property Tax (ENFIA).

Owners can apply until February 22 on the myProperty platform, with the necessary checks following for the eligibility of applicants.

Owners of uninsured vehicles will have any fines of 500 euros imposed through the tax office, accompanied by administrative sanctions, such as the withholding of their license and plates.