STATISTICS: Rep. of MOLDOVA, 3Q2016: GWP up by 11.58%, exceeding MDL 1 billion

In 3Q2016, the total GWP collected by Moldavian insurance companies have exceeded one billion MDL, up by 11.58% compared 3Q2015, according to the official data published by the National Commission of the Financial Market in Moldova (CNPF).

The growth was supported by sales on the non-life insurance segment, which totaled MDL 955.48 million, up by 12.31%. Motor insurance lines of business continue to dominate the insurers' portfolio, represented 66.42% of total insurance market.

Moreover, the share of property types of insurance (Fire and allied perils, including insurance of goods) in a total market represent about 7.66%; followed by health insurance - 5.76% and accident insurance - 1.71%.

Access www.xprimm.com and download the 3Q2016 Moldavian insurance market statistics.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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