Insurer profile
Insurance Joint-Stock Company DallBogg: Life and Health AD
DallBogg · Bulgaria
Overview
DallBogg: Life and Health AD was Bulgaria's largest non-life insurer by gross written premium, founded in 2008 as a voluntary health insurer and later expanded to general (non-life) insurance. It is part of the Commercial League holding group and had operated across multiple EU markets including Romania, Italy, Poland, Greece and Spain. On 9 June 2026, the Financial Supervision Commission revoked its insurance license due to gross and systemic violations of the Insurance Code, non-compliance with Solvency II capital requirements, and failure to pay court-established claims. The company is managed by two court-appointed quaestors and, following termination of its office lease by the majority shareholder, was forced to vacate its Sofia headquarters in July 2026. As of September 2026, no formal insolvency has yet been declared by a Bulgarian court, but lawmakers have proposed emergency amendments to the Insurance Code to help fund the Guarantee Fund shortfall expected from DallBogg claims.
Source24
Products in this market
Company details
- Parent group
- Търговска Лига (Commercial League) – Global Pharmacy Center AD, Tchaikapharma High Quality Medicines AD, Bulgarian Cardiology Institute AD
- Regulator
- Financial Supervision Commission (FSC)
- Phone
- +359 700 16 406
- [email protected]
Products from Insurance Joint-Stock Company DallBogg: Life and Health AD
Motor3
Motor Third Party Liability Insurance (MTPL)
Mandatory insurance covering damages caused by your vehicle to other road users or third-party property; DallBogg is barred from issuing or renewing this product since April 2026.
Casco (Auto Hull) Insurance
Voluntary motor hull insurance offering several coverage packages protecting vehicles against damage, theft, fire, and natural disasters.
Accident at Seats in Motor Vehicle
Insurance covering accidental injury or death of vehicle occupants while travelling in a motor vehicle.
Property6
Home Property Insurance
Insurance covering movable and immovable home property against fire, natural disasters, and other risks.
Fire and Natural Disasters Insurance
Insurance covering property damage caused by fire, natural disasters, and related perils for individuals and businesses.
Home Security Insurance
Comprehensive home security insurance package protecting against a wide range of risks to residential property.
Agricultural Insurance – Crops
Insurance protecting agricultural crops against natural perils such as hail, storm, flood, and fire.
Agricultural Insurance – Perennial Plants
Insurance covering perennial fruit and other long-term agricultural plantations against natural disaster risks.
Agricultural Insurance – Livestock, Birds, Fish and Beehives
Insurance covering farm animals, birds, fish stocks, and beehives against death or loss from covered perils.
Health7
Accident Insurance
Individual accident insurance covering bodily injury, disability, or death caused by an accident.
Accident and Illness Insurance
Combined insurance covering both accidental injuries and illness-related costs.
Accident of Tourists Insurance
Accident insurance designed for tourists covering bodily injury or death during travel.
Accident of Athletes Insurance
Accident insurance tailored for athletes and sportspersons against injuries sustained during sporting activities.
Accident of Students Insurance
Accident insurance for students covering injuries or death resulting from accidents during school activities.
Accident at Work Insurance
Insurance covering occupational accidents and work-related injuries for employees.
Medical Insurance for Foreigners
Health insurance providing medical coverage for foreign nationals residing or staying in Bulgaria.
Liability4
General Civil Liability Insurance
Covers civil liability for property and non-property damages caused to third parties by the insured.
Professional Liability Insurance
Covers liability arising from errors or omissions in the professional activities of the insured.
Carrier Civil Liability (CMR) Insurance
Insurance covering the legal liability of road carriers for damage to goods during international transport under the CMR convention.
Forwarder Liability Insurance
Insurance covering the professional liability of freight forwarders for errors or omissions in the arrangement of cargo transport.
Travel2
Travel Assistance (Assistance in Traveling Abroad)
Insurance providing medical and travel assistance when travelling abroad, including emergency medical care and repatriation.
Multi-Trip Travel Insurance
Annual multi-trip travel insurance covering multiple journeys abroad within a single policy period.
Regulatory updates
On 10 June 2025, Bulgaria's FSC imposed a temporary 3-month ban on DallBogg's cross-border insurance activities across the EEA, effective from 1 July 2025. On 1 October 2025, the FSC issued a new indefinite ban on cross-border products and services due to persistent and newly identified issues. On 2 April 2026, the FSC imposed an immediate ban on DallBogg concluding any new insurance or reinsurance contracts within Bulgaria, citing violations of the Insurance Code, market conduct rules, and a significant capital shortfall, and later barred the company from freely disposing of its assets. On 9 June 2026, the FSC revoked DallBogg's insurance license entirely after finding the solvency recovery plan submitted on 11 May 2026 manifestly inadequate, identifying a capital shortfall of approximately EUR 280 million, confirming numerous gross and systemic regulatory breaches across EU markets, and establishing unlawful refusal to pay court-established monetary obligations in Poland, Romania and Italy. From 9 June 2026, DallBogg is managed by two court-appointed quaestors (Rozalina Gradinarova-Stoyanova and Natalia Kumpikova). On 2 July 2026, the FSC referred suspicious asset-disposal contracts involving the insurer to the prosecution service. In July 2026, the property owner (linked to founder Tihomir Kamenov) terminated the lease on DallBogg's Sofia headquarters at 1 G.M. Dimitrov Blvd, forcing the quaestors to relocate the company's registered office by 15 July 2026. Existing policies remain valid until insolvency is declared; MTPL claims in Bulgaria and in EU countries where DallBogg operated (mainly Poland, Romania and Italy) are covered by the respective Guarantee Funds once DallBogg's own resources are exhausted. In early September 2026, Bulgarian lawmakers proposed emergency amendments to the Insurance Code to strengthen the funding mechanism of the Guarantee Fund in anticipation of a significant shortfall linked to DallBogg claims. As of September 2026, no Bulgarian court has yet declared DallBogg insolvent.
