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.

It is worth noting that GWP decreased in many insurance segments, even in motor insurance, which occupies over 64% of the total portfolio. It is noteworthy that property insurance jumped by 91.64%. Life insurance also saw a slight increase (+2.50%).

Insurers' paid claims recorded a decline as well in many insurance classes. However, they grew significantly in property insurance - by 31.61%. An up-trend in paid claims was also observed in health insurance and life insurance.

In January-March 2025, insurers' income and expenses decreased by 3.9% and 0.7%, respectively, y-o-y. Profit before tax decreased by 46.7% compared to the first quarter of last year.


Access xprimm.com and download the latest Moldovan insurance market statistics for 1Q2025 in MDL and EUR.