Moldova

Location:
Eastern Europe, northeast of Romania

Climate:
moderate winters, warm summers

Natural hazards:
landslides









Currency: Moldavian leu (MDL)

Currency conversions were calculed for an average exchange rate of:
MDL 18.6321/EUR - in 2014
MDL 16.7241/EUR - in 2013
MDL 15.5632/EUR - in 2012
MDL 16.3369/EUR - in 2011
MDL 16.3995/EUR - in 2010

Sources:
National Commission of Financial Market
National Bank of Moldova
www.xprimm.md

Insurance statistics

1H2017Market Portfolioxlsx
1H2017Insurance Companies Rankingsxlsx
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FY2014Market Portfolioxlsx
FY2014Insurance Companies Rankingsxlsx
1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
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1Q2014Market portfolioxlsx
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FY2013Insurance market overview pdf
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3Q2013
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1H2013Insurance market overview pdf
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FY2012Insurance market overview pdf
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3Q2012Market Portfolioxlsx
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1H2012Insurance market overview pdf
1H2012Insurance Companies Rankingsxlsx
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1Q2012Market Portfolioxlsx
FY2011Insurance market overview pdf
FY2011Market Portfolioxlsx
FY2011Insurance Companies Rankingsxlsx
3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010Insurance market overviewpdf
2010Market portfolio and rankingsxls
2009Insurance market overviewpdf
2009Market portfolio and rankingsxlsx
1H2010Moldovan insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankings (total & main lines)xls

1H2017 Insurance Companies Rankings

1H2017 Market Portfolio

5.3% growth y-o-y for MOLDAVIAN insurance market

The first nine months of this year marked for Moldavian insurance market, a total volume of gross written premiums of MDL 785.5 MDL (EUR 50.9 million), up 5.3% compared with January-September 2011 - according to preliminary data centralized by the National Commission of Financial Market (NCFM).

MOLDOVA: Insurers H1 combined gross profit up 23%

The combined gross profit of Moldovan insurance companies rose to 25.36 million lei (USD 2.03 million/ EUR 1.6 million euro) in the first half of 2012 from 20.63 million lei a year earlier, the country's securities commission, CNPF, said on Tuesday.

ROSGOSSTRAKH sold its share to Moldavian Insurer MOLDASIG

Russian insurance group ROSGOSSTRAKH left the insurance market of the Republic of Moldova by selling its majority share of 80% to local insurance company MOLDASIG. The deal was realized by selling the shares through stock exchange in five transactions to foreign interest companies. Total value was of MDL 194.73 million, an equivalent of EUR 12.8 million. Selling price of a single MOLDASIG share with a nominal value of MDL 100 was at MDL 410.92 according to information published by the stock exchange market of Moldova in 25th of July 2012.

MOLDOVA: 7.5% growth for the first half of 2012

The insurance market of the Republic of Moldova accounted for the first six months of 2012 to a total of MDL 501 million in underwritings, 7.5% more than the same period of 2011, as the figures recently published by the National Commission of Financial Markets (NCFM) show. In European currency, the business volume of the Moldavian insurers reached EUR 32.5 million, an increase by EUR 4.5 million compared to 1H2011. Also, paid claims by insurance companies totalized MDL 187 million (EUR 12.2 million), 8.3% more than the year before.

MOLDOVA, 1Q2012: Market growth continued

MDL 234 million (EUR 15 million) wrote in premiums the Moldavian insurers in 1Q2012, 9.4% more than a year earlier, according to the financial data centralized by the National Commission of Financial Market (NCFM). In the same time, claims reached MDL 107.5 million (EUR 6.9 million), a 20% increase in comparison to 1Q2011.

MOLDOVA, 1Q2012: GWP rises 4.6% Y/Y

MDL 222 million (EUR 14.3 million) wrote in premiums the Moldavian insurers in 1Q2012, 4.6% more than a year earlier, according to the preliminary financial data centralized by the National Commission of Financial Market (NCFM). MTPL insurance generated MDL 45.9 million in premiums (3.3% less than last year), or 20.7% of the market. At the same time, Green Card totalized MDL 47.3 million (12% less), equivalent of 21.3% of the total market.

MOLDOVA, FY2011: Estimates confirmed: 10% growth in GWP led the market over the first MDL billion threshold

MDL one billion (EUR 61.6 million) wrote in premiums the Moldavian insurers in 2011, 10% more than a year earlier, according to the final financial data centralized by the National Commission of Financial Market (NCFM). Claims reached MDL 348.4 million (EUR 21.3 million), an 8% increase in comparison to previous year. "Last year, the share of insurance market in GDP was 1.3%. If this indicator will reach 3%, as in developed countries, it is clear that doubling the market (MDL 2 billion) is a possibility for the next years", said Vladimir STIRBU, Director of Insurance Department of NCFM.