MOLDAVIAN insurers 1Q2014 GWP up by 10%

24 June 2014 — Vlad BOLDIJAR
moldova-statisticsThe Moldavian insurance market reported for January-March 2014 - gross written premiums of MDL 255 million, up 10% y-o-y, according to the preliminary figures published by the market authority - National Commission of Financial Market. In European currency - due the devaluation of Moldovan leu against the euro, the insurance market reported a decline of 3.5% y-o-y, to almost EUR 14 million.

The aggregate premiums portfolio, as in previous reporting periods, has formed mainly from Green Card insurances (26.2%), MTPL (21%), motor hull (20.9%), property (7.3%) and life insurance (7.9%). Top 5 insurance companies consisted of MOLDASIG (21.5% market share), ASITO (19.1%), GRAWE CARAT Asigurari (11.4%), DONARIS GROUP - recently acquired by Austrians from VIG (10.6%) and MOLDCARGO (8.1%).

Access www.xprimm.com and download the 1Q2014 Moldavian insurance market statistics.

Market portfolio and market ranking (in EUR and MDL):

  • Gross written premiums
  • Paid claims
  • Growth rates
  • Market shares

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