December 05, 2016 10:47 PM ET

Insurance

Company Overview of Lev Ins AD Insurance Company

Company Overview

Lev Ins AD Insurance Company provides general insurance products and services in Bulgaria. It offers motor hull, MTPL, miscellaneous financial losses, property damage, goods in transit, credits, crop, general TPL, livestock, fire and natural perils, travel assistance abroad, and accident insurance plans. The company also provides reinsurance programs, and third-party liability insurance. In addition, it offers health and life insurance; retirement fund management and investment brokerage services; and consultancy services for matters, such as prevention and risk management. Lev Ins AD Insurance Company was founded in 1996 and is based in Sofia, Bulgaria.

41 Tzar Boris III Boulevard

Sofia,  1612

Bulgaria

Founded in 1996

Phone:

359 2 952 12 25

Fax:

359 2 952 24 81

Key Executives for Lev Ins AD Insurance Company

Chairman of the Board and Chief Executive Officer
Executive Director
Compensation as of Fiscal Year 2016.

Lev Ins AD Insurance Company Key Developments

Investors Eyes To Acquire CB Victoria

A total of eight companies has expressed interest for the purchase of 100% of CB Victoria EAD, a wholly-owned subsidiary of Corporate Commercial Bank AD, the bank said. Three candidates have expressions of interest (EOI) within the extended submission deadline, Victoria bank said in a filing on its website on September 19, 2016. The list of interested companies contains three banks are Investbank AD, Bulgarian American Credit Bank and D Commerce Bank AD, two consortiums, one between Lev Ins AD Insurance Company and Kerbler Holding Gmbh and the other a tie-up of Hanson Asset Management Limited and Euro-Finance AD. Zaghloul Holding, Transact Europe Holdings, Egyptian Engineering Group and B.T.C. have also expressed interest for purchasing the bank. The ongoing sale procedure consists of three stages period for submitting expressions of interest, submission of non-binding offers and applications containing final offers.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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