MDL 222 million (EUR 14.3 million) wrote in premiums the Moldavian insurers in 1Q2012, 4.6% more than a year earlier, according to the preliminary financial data centralized by the National Commission of Financial Market (NCFM). MTPL insurance generated MDL 45.9 million in premiums (3.3% less than last year), or 20.7% of the market. At the same time, Green Card totalized MDL 47.3 million (12% less), equivalent of 21.3% of the total market.

According to the preliminary data submitted by NCFM, claims reached MDL 106 million (EUR 6.9 million), an 18% increase in comparison to 1Q2011. In addition to that, the companies have paid claims totaling MDL 22.7 million - MTPL, respectively MDL 14.4 million - Green Card. MTPL and Green Card, summed, made up to 35% of the total claims value.

Compared to 1Q2011, in January-March 2012 the market hierarchy has not undergone major changes, MOLDASIG (25% market share), ASITO (17.6%), GRAWE CARAT Asigurari (13.6%), MOLDCARGO and DONARIS GROUP being the first 5 insurers on the Moldavian market. At the same time, the insurance concentration by total gross written premium of the top 5 insurance companies reached 76.8%.