Location map
author: OCHA/ ReliefWeb

- Eastern Europe.
- Neighbours: Romania, Ukraine.

- moderate winters, warm summers.

Natural hazards:
- landslides.

Macro indicators
* 2018 estimates
Pop. density*:104.6people/km2
GDP*:9.8EUR billion

Currency: Leu
Code: MDL
Since: 1993

Insurance market portfolio
* 2018 estimates
Overall Property*:8%
Overall Motor*:67%




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Moldova 1Q2022 Market Rankings

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Moldova 1Q2022 Market Portfolio

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Latest news

STATISTICS: MOLDOVA, 1Q2022: the insurers' business expanded by more than 24% y-o-y

In the first quarter of 2022, the insurance sector of Moldova grew by more than 24% y-o-y to MDL 485.23 million (EUR 23.80 million). Paid claims also recorded a fairly strong growth - by 17%, amounting to MDL 185 million (EUR 9.07 million), according to the data published by the National Financial Market Commission.

MOLDOVA: in the spring of 2022, the number and size of agroinsurance contracts dropped sharply

According to the information of brokers of insurance companies in Moldova, in the spring of 2022, the number and size of insurance contracts concluded by agricultural producers dropped sharply. Among the reasons, there is a decrease in industry profitability throughout the 2021-2022 season, as well as a sharp rise in the cost of all production resources in late 2021 and early 2022, EastFruit reports.

STATISTICS: MOLDOVA, 3Q2021: the share of non-life insurance exceeded 95% of GWP

In the third quarter of 2021, the Moldovan insurance market ended with y-o-y growth of more than 35% (MDL 1.43 billion/EUR 69.83 million) in local currency. At the same time, the growth in paid claims was very moderate - at the level of 6.53% (MDL 467.10 million), according to the data published by the National Financial Market Commission.

MOLDOVA: Asterra Grup received a gold medal at the Moldovan Business Gala

Asterra Grup was awarded the Gold Medal in the category "Financial Services" on June 25 within the "Trademark of the Year 2020" competition, organized by the Chamber of Commerce and Industry of Moldova in partnership with the State Agency for Intellectual Property, CapitalMarket reports.

MOLDOVA: turnover of new shares issued by MOLDASIG suspended

The turnover of 480 thousand ordinary shares issued by MOLDASIG SA was suspended by the National Commission for the Financial Market (CNPF), due to the pending verification of the circumstances related to the notifications of the bailiff Maksim Romaliyskiy dated 12.03.2021, sent by the Unified Central Securities Depository (UCSD), CapitalMarket reports.

European provider of IT solutions Cegeka opens its office in Moldova

The European IT solution provider Cegeka opens a new office in Moldova, intending to increase the number of employees located in Chisinau from the currently five, to 200 in the coming years, thus being able to service, among others, the banking and insurance industries in the country.