STATISTICS: Slight decrease in Q1 GWP volume for MOLDAVIAN insurers

28 May 2015 — Vlad BOLDIJAR
In the first three months of this year, the 15 active Moldavian insurers reported a total GWP volume of about MDL 253.66 million (EUR 12.48 million), down by a half a percentage point as compared with the 1Q2014 figures. About 92% of aggregated GWP voume was generated by the non-life classes, the remaining 8% being accounted by life policies. The value of paid claims by insurers decreased by 31.4% y-o-y to MDL 79.36 million (EUR 3.90 million).

MOLDASIG remained the market leader (17% market share) followed by the two Austrian-owned insurers: GRAWE CARAT Asigurari and DONARIS VIG. ASITO ranked fourth after a decrease in GWP volume by 39% followed by TRANSELIT (7.85% market share). Top 5 insurers generated about 66% of total insurance market.

Access and download the 1Q2015 Moldavian insurance market statistics.

Market portfolio and market rankings (total/life/non-life/Motor hull/MTPL/Green Card/fire and allied perils) in EUR and MDL:
  • Gross written premiums
  • Paid claims
  • Growth rates
  • Market shares

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