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 3Q2020 Market Portfolio

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Moldova 3Q2020 Insurance Companies Rankings

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Latest news

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.

MOLDOVA: Draft law on insurance and reinsurance activities was approved

On October 28, the Government of Moldova approved a draft law on insurance and reinsurance activities, developed by specialists of the National Commission for the Financial Market (CNPF) together with experts from the World Bank. The draft law will be submitted to Parliament for consideration and further approval.

STATISTICS: MOLDOVA, FY2019: GRAWE was the sole life insurer, with 100% market share

At the end of 2019, the Moldovan insurance market recorded an increase of 7.02% y-o-y in local currency. Market GWP went up to MDL 1.6 billion (~EUR 84.4 million), while the growth rate of paid claims was more prominent (+19.09%), according to the latest data published by the National Commission of Financial Market (CNPF).

MOLDOVA: Alina OSOIANU returns to BNAA leadership

Starting January 6th, 2020, Alina OSOIANU returns to the position of Executive Director of Moldovan Motor Insurers Bureau (BNAA). It will be the second time when she holds this position inside BNAA, after she lead the institution between 2015-2018.