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Lev Ins

Lev Ins groupBulgarialev-ins.com ↗#5 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
Premium
€212m
7.9% of Bulgaria · incl. €12m abroad
Growth
+3.2%
FY 2025 vs 2024, in BGN · market +12.0% · without €12m written abroad ≈ +2%
Life share
0%
of own premium
Capital cover
170%
SCR ratio · €92m held vs €54m required
Claims and costs
92%
combined ratio after reinsurance · gross 80% · market 93%
In shortNumber 5 of 36 in Bulgaria with 7.9% of premium, growing slower than the market. Strongest in Motor TPL, with 16.7% of the line. Its non-life business made money on underwriting, with a combined ratio of 92% after reinsurance against 93% for the market. It holds 1.7 times the capital it must hold.

Latest resultsH1 2026, year to date: €109m of premium, −7.3% on H1 2025 (market +1.7%); share 7.7% (−0.7 pp), #5 of 33. More

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

Line mix
Motor TPL67%
Casco20%
Credit & surety5%
Property4%
Liability2%
Size#5 of 36 by premium
€212m
larger than 89%median €24m
GrowthFY 2025 against 2024, in BGN
+3.2%
ahead of 20%median +16.6%
Claims and costsnon-life combined ratio, after reinsurance
92%
better than 42%median 84%
Capital coverSCR ratio: own funds ÷ SCR
170%
ahead of 43%median 175%
Return on equitynet profit ÷ average equity
12.5%
ahead of 52%median 12.1%

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
DZI8.6%8.2%8.1%8.7%8.8%
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%

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 Lev Ins group

    2 companies in 1 market · €214m premium, latest year

    All 2 on the Lev Ins page →
    Bulgariathis market1 company€2.2m
    Lev Ins Life€2.2m

    Company details

    Legal name
    ЗАСТРАХОВАТЕЛНА КОМПАНИЯ ЛЕВ ИНС
    Registered seat
    Sofia, Bulgaria
    Website
    lev-ins.com
    LEI
    529900KI9IPZDAC40081
    Employees
    686 (2025; 672 in 2023, 638 in 2024)
    Premium per employee
    €310k (FY 2025; median for non-life insurers in Bulgaria: €343k; all insurers)

    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 Lev Ins

    Short answers from the figures on this page.

    What is Lev Ins's market share in Bulgaria?

    Lev Ins wrote €212m of premium in FY 2025, 7.9% of all premium in Bulgaria, ranking #5 of 36 insurers; its premium grew 3.2% on FY 2024 in BGN.

    Who owns Lev Ins?

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

    What does Lev Ins sell?

    Lev Ins is a non-life insurer; its largest lines in FY 2025 are motor TPL (67.0% of its premium), casco (20.4%) and credit & surety (5.1%).

    Is Lev Ins well capitalised?

    Lev Ins's SCR ratio was 170% at 31 December 2025: it held 1.7 times the capital Solvency II requires, against a median of 175% for the insurers in Bulgaria.

    Is Lev Ins profitable?

    Lev Ins made a net profit of €6.06m in FY 2025, a return on equity of 12.5%; its non-life combined ratio was 92% after reinsurance.

    Is Lev Ins growing?

    Lev Ins's premium grew 3.2% in BGN in FY 2025, slower than the market in Bulgaria (+12.0%). Of its FY 2025 premium, €12m was written outside Bulgaria; without it, premium grew about 2%.

    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.

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

    BibTeXShow entry
    Entry for a .bib file
    @misc{polisa_insurers_bg_lev_ins_2026,
      author       = {{Polisa}},
      title        = {Lev Ins (Bulgaria): premium, market share, lines, solvency and claims},
      year         = {2026},
      version      = {2026-11-11.13378f},
      howpublished = {\url{https://polisapro.com/insurers/bg-lev-ins}},
      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).