The non-life market's share slightly increased and reached 94.12%, while the life market share, on the contrary, dropped to 5.88%.
Motor insurance keeps the most significant portion in the market portfolio, although its share is declining. Motor insurance GWP in total remained almost unchanged thanks to MTPL increase by 11.13%. Among the key market segments, property insurance showed incredible growth - by almost 31%, with no less impressive drop of its paid claims (-56.59%).
Among 14 active insurers, in terms of GWP, GRAWE CARAT ASIGURARI is keeping the leading positions (MDL 110.71 million/EUR 5.36 million), followed by MOLDASIG (MDL 109.50 million/EUR 5.30 million) and DONARIS VIENNA INSURANCE GROUP (MDL 103.61 million/EUR 5.02 million).
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- Moldova 1H2019 Market portfolio and ranking of life/non-life (in EUR and MDL):
- Paid claims
- Growth rates
- Market shares