Bulgarian insurance market: second attempt for introduction of a bonus-malus system

November 21, 2019

After the withdrawal of the much-criticized draft legislative amendments related to introduction of a bbonus-malus system in Bulgaria in 2018, the new working group, including experts from the Financial Supervision Commission (“FSC”), Ministry of Interior, Ministry of Transport, and Ministry of Information Technology and Communications has recently published a revised draft, which is now open for public discussion.

 

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