The insurance companies operating in Bulgaria are still recovering from the hail storm and floods in 2014 and are, at the same time, working hard to meet the Solvency II requirements effective from 1 January 2016. Even more regulatory activity is happening on a global level, following the recent release by the International Association of Insurance Supervisors of its consultation paper on the proposed new global insurance capital standard.
In our fifth edition of Evolving Insurance Regulation, you can find valuable insights about the latest developments in the insurance regulation including:
© 2017 KPMG Bulgaria OOD, a Bulgarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.