DALLBOGG: LIFE AND HEALTH - temporary ban on the underwriting of new cross-border contracts

Category

Other

Description

The Financial Supervision Commission (FSC), the Bulgarian supervisory authority, imposed a ban on the underwriting of new cross-border contracts of INSURANCE JSC DALLBOGG: LIFE AND HEALTH for a period of 3 months as of 1 July 2025.

DallBogg, a Bulgarian insurance company supervised by the FSC, carries on business in Italy under the freedom to provide services, mainly in motor liability insurance and, to a lesser extent, in suretyship insurance.

The notice by the FSC is at the following link https://www.fsc.bg/en/fsc-imposed-a-temporary-ban-on-the-provision-of-new-and-the-extension-of-the-term-of-existing-cross-border-products-and-services-provided-by-zad-dallbogg-life-and-health-ad/

Further updates will follow as they become available.

issue date

13 June 2025