Mr. Petar Bojadzhiev, a Chairman of the State Insurance Supervision Agency officially handed the agreements of 7 pension-insurance companies for registration of universal pension funds in the Court. These are Pension-insurance company Doverie, Pension-insurance company Saglasie, Bulgarian Pension-insurance company, SCPension-insurance company Rodina, Pension-insurance company Allianz Bulgaria, Pension-insurance company Solidarnost and Pension-insurance Newton-Sila JSC.
Source: Pari (13.02.2001)

The General Meeting of Orel-G Holding decided to increase the capital of the holding with BGN 7.5 million - from BGN 15 million to BGN 22.5 million. The new capital of the holding will be allocated for raise of the Pension-Insurance company Suglasie JSC to BGN 5 million. The other part of BGN 4.5 million will increase the capital of insurance company Orel JSC. The aim of the increase is the realization of more explicit and developed market policy.
Source: Standart (21.02.2001)

One of the biggest re-insurance companies in the world - Muenich Re will buy within a month another 7 per cent of Orel G holding JSC and will possess the blocking quote of about 27 per cent in it, according to a decision of the General Meeting. At the Meeting was decided the capital to be raised up to BGN 22.5 million with an issue of 7.5 million new shares with face value BGN 1 per share.
Source: Dnevnik (26.02.2001)

Within several days will be declared the establishment of new pension company, was reported from ING Group. The new company will be registered in Bulgaria and will be a property of the Dutch company, not of the bank which is a part of it. The buyer of pension-insurance company Solidarnost also is ING Group, not ING Bank.
Source: Pari (16.03.2001)

Orel G increased its capital from BGN 15 million to BGN 22.5 million, according to a decision of the General Meeting. The new capital will be used for increasing the capital of Pension-insurance company Saglasie JSC with BGN 5 million and the capital of Insurance Company Orel JSC with BGN 7.5 million up to BGN 12 million.
Source: Dnevnik (01.06.2001)

In the National Security Institute by the moment are applied 633 158 applications for additional pension insurance, announced from the department In the statistics are included the applications on paper and electronic devices. Most of the applications are for universal funds Doverie - Pension Insurance Company JSC and Saglasie - Pension Insurance Company JSC.
Source: Dnevnik (16.08.2001)

State Insurance Institute completed the process of distribution of the workers who are secured in the professional pension funds. The total number of the secured persons in the eight pension funds in the end of August was 131 547. They include 35 100 people distributed equally among the pension funds. The minimum number of people for a fund is 15 000. The three funds which gathered the highest number of clients are Doverie, Allianz Bulgaria and Suglasie which have 45.8,28.6 and 21.4 thousand people each. Similar is the situation in the distribution of universal pension funds.
Source: Dnevnik (31.08.2001)

State Insurance Institute completed the process of distribution of the workers who are secured in the professional pension funds. The total number of the secured persons in the eight pension funds in the end of August was 131 547. They include 35 100 people distributed equally among the pension funds. The minimum number of people for a fund is 15 000. The three funds which gathered the highest number of clients are Doverie, Allianz Bulgaria and Suglasie which have 45.8,28.6 and 21.4 thousand people each. Similar is the situation in the distribution of universal pension funds.
Source: Dnevnik (31.08.2001)

Pension Insurance Company for the first time in Bulgaria will offer currency insurance. The new scheme is already licenced by the State Insurance Control Agency which reacted very quickly despite the slow and complex procedure. This service is provoked by the interest of the clients of the Pension Insurance Company. The currency insurance in EUR or DEM offers profitability much higher than that of a normal currency deposit and is additional guarantee against the devaluation of BGN. In the day when the secured makes his implement it is turned in the currency he has chosen, the money are invested and they are received in the same currency.
Source: Pari (12.10.2001)

All eight funds for additional pension insurance passed the minimum limit of 30 000 insured people and there is no danger this number to reduce in the next 2 years, announced the Manager of the National Insurance Institute Mr. Jordan Hristoskov. Over the next years the contribution in the funds has to reach by 5-7 per cent in order to accumulate more capital. According to him this is the only way the second pension to become 25 per cent of the sums that were received by the insured person while he was working. By October 19 in the funds were submitted 1 232 000 applications. From them 1 218 320 are correct and about 14 000 have technical mistakes.
Source: Dnevnik (24.10.2001)