Get the dataData

Armeec

Chimimport groupBulgariaarmeec.bg ↗#6 of 36 in Bulgaria, FY 2025
Updated 11 Nov 2026
Sources and updates
Source
FSC insurer statistics with lines per insurer; solvency and claims from each insurer's SFCR
Latest figures
FY 2025, H1 2026
Next update
Jan–Sep 2026, around December 2026

Sources for BulgariaWhat changed

Compare with nearest rivals →Compare →
Share
LinkedIn
Premium
€179m
6.6% of Bulgaria
Growth
+6.8%
FY 2025 vs 2024, in BGN · market +12.0%
Life share
0%
of own premium
Capital cover
120%
SCR ratio · €106m held vs €88m required
Claims and costs
84%
combined ratio after reinsurance · gross 69% · market 93%
In shortNumber 6 of 36 in Bulgaria with 6.6% of premium, growing slower than the market. Strongest in Casco, with 18.6% of the line. Its non-life business made money on underwriting, with a combined ratio of 84% after reinsurance against 93% for the market; before reinsurance it was 69%, with 31% of its non-life premium passed to reinsurers. It holds 1.2 times the capital it must hold.

Latest resultsH1 2026, year to date: €96m of premium, +10.0% on H1 2025 (market +1.7%); share 6.7% (+0.5 pp), #7 of 33. More

Fingerprint

Armeec's line mix, and where it stands among the 36 insurers in Bulgaria on each measure, FY 2025.

Line mix
Casco72%
Motor TPL13%
Property7%
Other non-life6%
Accident1%
Size#6 of 36 by premium
€179m
larger than 86%median €24m
GrowthFY 2025 against 2024, in BGN
+6.8%
ahead of 26%median +16.6%
Claims and costsnon-life combined ratio, after reinsurance
84%
better than 50%median 84%
Capital coverSCR ratio: own funds ÷ SCR
120%
ahead of 3%median 175%
Return on equity
— no profit or equity figures

Each bar runs from the weakest to the strongest of the insurers in Bulgaria with that figure in FY 2025; the dot is this insurer, the tick in the middle the median. Combined ratios as shown across the site: after reinsurance where published, else gross. The rose: each petal's area is the line's share of written premium; the dashed ring is a quarter.

Premium and market share

Market share against the nearest rivals

By year

Insurer20212022202320242025
DallBogg6.1%5.7%7.4%11.2%8.2%
Lev Ins10.5%12.4%11.4%8.6%7.9%
Armeec6.7%6.5%6.4%7.0%6.6%
Generali5.6%5.4%5.1%5.5%5.8%
OZK5.8%5.2%5.1%4.7%4.9%

Lines and claims

Written premium by line with ratios after reinsurance for the year selected (gross, marked, where the insurer gives no net figures for a line); the market figure on the same basis sits under each ratio.

All figures

Solvency

DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers

Capital at year end

Capital cover

    Also in the Chimimport group

    2 companies in 1 market · €180m premium, latest year

    All 2 on the Chimimport page →
    Bulgariathis market1 company€1.5m
    CKB Life€1.5m

    Company details

    Legal name
    Застрахователно Акционерно Дружество Армеец
    Registered seat
    Sofia, Bulgaria
    Website
    armeec.bg
    LEI
    549300YJ8EYSOGWKSN48

    Legal name, seat and LEI from the Global LEI Index (GLEIF); website from the company's own reports or the supervisor's register, checked 20 Oct 2026.

    Questions about Armeec

    Short answers from the figures on this page.

    What is Armeec's market share in Bulgaria?

    Armeec wrote €179m of premium in FY 2025, 6.6% of all premium in Bulgaria, ranking #6 of 36 insurers; its premium grew 6.8% on FY 2024 in BGN.

    Who owns Armeec?

    Armeec is part of the Chimimport group, which has 2 companies in one market, Bulgaria (FY 2025).

    What does Armeec sell?

    Armeec is a non-life insurer; its largest lines in FY 2025 are casco (71.7% of its premium), motor TPL (12.9%) and property (7.4%).

    Is Armeec well capitalised?

    Armeec's SCR ratio was 120% at 31 December 2025: it held 1.2 times the capital Solvency II requires, against a median of 175% for the insurers in Bulgaria.

    Is Armeec growing?

    Armeec's premium grew 6.8% in BGN in FY 2025, slower than the market in Bulgaria (+12.0%).

    Sources for this page

    Premium and lines: FSC (Financial Supervision Commission), market statistics per insurer, sheet Premiums written - gross, by Solvency II line. Claims, expenses and solvency: the insurer's SFCR for FY 2025, templates S.05.01 and S.23.01; claims, expenses and solvency for FY 2021–2024 from the SFCRs of those years. For FY 2021–2022 the insurers whose SFCR has no S.05.01 (Euroins, Lev Ins, Bul Ins, Allianz Bulgaria and smaller ones) count with earned premium, claims and expenses, gross and after reinsurance, from their statutory income statements in FSC's annual statistics: a mixed basis, mostly within 4 points of S.05.01 and usually a little lower where both exist (quality grade B). How these numbers are built.

    Spotted a wrong figure? Tell us and include the source.

    CiteCite this pageThe reference in APA style and as BibTeX, each with a copy button, and the terms of reuse

    Polisa compiles the figures; the original sources are named on this page and on the method page.

    APA

    Polisa. (2026). Armeec (Bulgaria): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/bg-armeec

    BibTeXShow entry
    Entry for a .bib file
    @misc{polisa_insurers_bg_armeec_2026,
  author       = {{Polisa}},
  title        = {Armeec (Bulgaria): premium, market share, lines, solvency and claims},
  year         = {2026},
  version      = {2026-11-11.13378f},
  howpublished = {\url{https://polisapro.com/insurers/bg-armeec}},
  note         = {Accessed 11 November 2026}
}

    Reuse: Polisa's compilation CC BY 4.0 · source data: FSC (public information, no licence stated), Registry Agency (single pages viewed and printed), insurers' SFCRs (public disclosures, linked).