bg Sofia

Balkan Insurance Company Building

- Alexander I Square -
The administrative and commercial building was built in 1904 after the reconstruction of the existing Coburg Hotel by a design that came from the hand of the Austrian architect . The reconstruction was commissioned by the Balkan National Insurance Company, which was established on August 8, 1895.
An old postcard showing the building before the reconstruction
The general directors of the company during the early years of the company were the Bulgarian engineer and Austrian , who was one of the founders of the insurance industry in Bulgaria. The chairman at that time was the Bulgarian politician , who later became the Prime Minister of Bulgaria, and the Vice-President was the Bulgarian military doctor, militiaman, officer, and colonel . The insurance company provided insurances against losses from the fire, losses originating from transport by water and by land, and the accident of human life, on land and by water throughout Europe.

On March 30, 1944, during the on Sofia during the , the building burned down after a direct hit by a bomb. The leftovers of the building were torn down in the early 1950s and on this site, the Party House was built.
An old postcard showing the building and parts of the interior
A majestic dome was placed on top of the Neo-Baroque building, with in front of it a structure that was crowned with a , which was placed on top of a pointed . The structure, which also features a statue composition of a female and male figure, was flanked by two dormers that were crowned by a segmental pediment, as well as stone balustrades that contained , which were also used in the . The corner top consisted of a segmental pediment that was topped with another finial, a , and a clock, which was one of the first public clocks. A strip of was placed underneath the that separated the third and fourth floor. The were crowned with an Ionic , which was adorned with a . Some of the third floor windows were flanked by two consisting of female figures. Underneath the third floor windows, you could either see a adorned with garlands, or with another segmental pediment underneath it.
The building after the Allied bombings