AmCham letter in support of the insurance industry associations’ position for fast adoption of the Code on Insurance

Position Paper

On December 7th , 2015 the American Chamber of Commerce in Bulgaria sent a letter in support of the insurance industry associations’ position for fast adoption of the Code on Insurance.

According to the position of the Association of Bulgarian Insurers, the Bulgarian Association of Insurance Brokers, the Guarantee Fund, the National Bureau of Bulgarian Motor Insurers and the Association of Insurance Brokers in Bulgaria from November 17th the provisions of the draft Insurance code takes into account the peculiarities of the Bulgarian insurance market and achieves the best balance between the interests of consumers and the insurance industry. It takes into account the opinion of the majority of the insurance sector, therefore its adoption should not be postponed.

For more information please see the attached files:
Letter of Support
Insurance Statement