MOLDOVA: at the end of 3Q2023, liquid assets exceeded 57% of all assets of the insurance sector

16 January 2024 — Marina MAGNAVAL
According to the National Bank of Moldova, at the end of the 3Q2023, total assets of insurance companies amounted to MDL 4.78 billion (~EUR 0.25 billion), which is 3.7% (MDL 170.5 million) more compared to the previous quarter, bizlaw.md writes.

It is noted that the value of liquid assets amounted to MDL 2.75 billion, which represents an increase of 7.8% compared to June 30, and is equal to 57.56% of the total assets registered in the insurance sector. Thus, insurance companies had liquid assets covering 99.27% of the total volume of technical reserves on the market (MDL 2.77 billion).

As of September 30, there were 9 insurance companies operating in the Republic of Moldova: including 8 non-life companies and 1 company with complex activities (life and non-life insurance), the source reports.

* MDL 19.1338/EUR - 30.09.2023



443 views