Moldova
MOLDOVA: NBM sets insurance sector supervision priorities for 2026-2027
The National Bank of Moldova (NBM) has identified the most important areas for 2026–2027 that will be under close scrutiny, both through continuous monitoring and on-site inspections, to ensure that supervisory resources are focused on areas that potentially have a significant impact on achieving the goals set out in the law, bizlaw.md writes.
MOLDOVA: VIG consolidates control over Moldasig and acquires new stake
Vienna Insurance Group (VIG) has acquired a 5% stake in the state-owned enterprise Calea Ferată din Moldova, in Moldasig SA. The total transaction value is MDL 10.8 million (~EUR 0.54 million), bizlaw.md reports.
STATISTICS: MOLDOVA, 3Q2025: Premiums remained almost flat, while paid claims grew by 16%
According to the National Bureau of Statistics, Moldova's insurance sector totaled MDL 2,443.91 million at the end of 3Q2025, up only 0.9% y-o-y (EUR 124.63%).
MOLDOVA: NBM actively supports technological transformation in the insurance sector
Constantin Șchendra, Deputy Governor of the National Bank of Moldova (NBM), participated in the 2025 edition of the Insurance Conference of the Republic of Moldova on November 18, co-organized by BNAA (National Motor Insurers Bureau of Moldova) and XPRIMM.
MOLDOVA: The cost of the Green Card policy to rise from November 25
The National Bank of Moldova (BNM) has approved new basic insurance tariffs and adjustment factors for both domestic and foreign compulsory motor third-party liability insurance (CMTPL and Green Card), omnis reports, citing an official bank document.
MOLDOVA: From January to September, social insurance budget revenues reached almost 78% of the annual plan
From January to September this year, the state social insurance budget recorded total revenues of MDL 37.7 billion (~EUR 1.95 billion), which means 77.8% of the annual plan, IPN reports.
MOLDOVA: Banca de Economii withdraws from the shareholding of Moldasig
Banca de Economii SA, which is undergoing liquidation, has finally withdrawn from the shareholder list of the insurance company Moldasig SA, selling its 61,200 shares. The transaction amounted to MDL 17,699,040 (~EUR 0.90 million), bizlaw.md reports.
STATISTICS: MOLDOVA, 1H2025: paid claims jump by almost 24%, while GWP growth is very modest
According to the National Bureau of Statistics, the insurance sector of Moldova in the first half of 2025 grew by 2.57%, amounting to MDL 1,592.99 million (EUR 80.73 million). At the same time paid claims reached MDL 660.23 million (EUR 33.46 million), which is almost 24% more y-o-y.
VIG expands its footprint in Moldova by buying 80% of the shares of MOLDASIG S.A.
Vienna Insurance Group (VIG) announced it has prevailed in the public auction for the acquisition of 80% of the shares of MOLDASIG S.A. (Moldasig). Through this investment, VIG becomes the market leader in the Republic of Moldova with an estimated share of approximately 30%.
MOLDOVA: In 1Q the market’s profit collapses by over 50%
Three insurance companies recorded losses in the first quarter of 2025, while the profit of the entire market has significantly decreased, bizlaw.md writes.
MOLDOVA: In the first five months, the state social insurance budget revenues amounted to 46.8% of the annual plan
In the first five months of this year, the state social insurance budget revenues amounted to MDL 22,448.1 million (~EUR 1.16 billion), which is 46.8% of the annual plan.
MOLDOVA: The state has acquired the major stake in Moldasig for almost USD 8 million
The state has officially become a shareholder of Moldasig. The Public Property Agency (APP) acquired 480,000 shares of the company in a single transaction for MDL 137,520,000 (equivalent to USD 7,982,400), bizlaw.md reports.
MOLDOVA: The state will temporarily become a shareholder of Moldasig
The state will temporarily become a shareholder of MOLDASIG S.A. The Public Property Agency will purchase on behalf of the state 480,000 newly issued shares of the company for MDL 137.52 million, bizlaw.md writes.
STATISTICS: : MOLDOVA, 1Q2025 results: Profit before tax decreased by 46.7% y-o-y
According to the National Bureau of Statistics, the insurance sector of Moldova decreased by 4.90% y-o-y, to MDL 636.29 million (EUR 32.72 million), in the first quarter of 2025. Paid claims amounted to MDL 264.56 million (EUR 13.60 million), which in local currency is 0.80% less than in the first quarter of 2024.
MOLDOVA: Vienna Insurance Group bid for taking over MOLDASIG S.A.
At the invitation of the Government of the Republic of Moldova, Vienna Insurance Group (VIG) has submitted a bid for the acquisition of 80% of the shares of MOLDASIG S.A., the Austrian group announced. The transaction aims at increasing stability and excellence in the field of risk protection.
MOLDOVA: National Health Insurance Company reports almost 25% revenue growth in January-April
The National Health Insurance Company (an autonomous state organization at the national level, carrying out non-profit activities in the field of compulsory health insurance) announced that over MDL 3.95 billion (~EUR 0.20 billion) of revenues were received by compulsory health insurance funds in the first 4 months of 2025, writes Sputnik Moldova.
MOLDOVA: Moldasig must find an investor by June 2025, otherwise may lose its license
The Cabinet of Ministers voted to initiate the process of determining public interest for the acquisition of shares of Moldasig insurance company, bizlaw.md reports.
MOLDOVA: Donaris VIG continues to strengthen its strategic partnership with maib
Donaris VIG, part of Vienna Insurance Group (VIG), continues to strengthen its strategic partnership with maib, the largest bank in Moldova, by expanding the range of insurance services, the insurer said.
STATISTICS: MOLDOVA FY2024: 25% increase in the claims paid, driven by the property and motor insurance lines
According to the National Bureau of Statistics, the insurance sector of Moldova grew by 10.75% to MDL 3,251.61 million (EUR 168.38 million) at the end of 2024. At the same time, paid claims grew by 25.3% and reached MDL 1,283.32 million (EUR 66.46 million).
97% of total GWP is generated in non-life insurance, while the share of life insurance continued to decline and now is only a little above 3%. Motor insurance, as always, remains the leading segment in the market portfolio (70.97%). All insurance classes recorded a positive dynamic in 2024.
As for the paid claims’ dynamics by insurance classes, it is worth noting their decrease by 3.4% in life insurance while all non-life insurance lines recorded a rather significant growth of the claim expenses. Property insurance recorded a more than double value of the paid claims, most probably because of the repeated flooding episodes.
As the Bureau notes in its report, in 2024, insurers' revenues and expenses increased by 15.3% and 18.7% respectively y-o-y. Profit before tax decreased by 19.6% compared to the previous year
Access xprimm.com and download the latest Moldovan insurance market statistics in MDL and EUR.
97% of total GWP is generated in non-life insurance, while the share of life insurance continued to decline and now is only a little above 3%. Motor insurance, as always, remains the leading segment in the market portfolio (70.97%). All insurance classes recorded a positive dynamic in 2024.
As for the paid claims’ dynamics by insurance classes, it is worth noting their decrease by 3.4% in life insurance while all non-life insurance lines recorded a rather significant growth of the claim expenses. Property insurance recorded a more than double value of the paid claims, most probably because of the repeated flooding episodes.
As the Bureau notes in its report, in 2024, insurers' revenues and expenses increased by 15.3% and 18.7% respectively y-o-y. Profit before tax decreased by 19.6% compared to the previous year
Access xprimm.com and download the latest Moldovan insurance market statistics in MDL and EUR.
MOLDOVA: NBM: non-life paid claims have tended to increase over the past five years
Insurance companies' paid claims for the first 9 months of 2024 for 95.8% were non-life (MDL 862.4 million/EUR 44.33 million), while the remaining 4.2% were life insurance indemnities, bizlaw.md writes based on data from the National Bank of Moldova (NBM).

3 February 2026