The insurance market in the Republic of Moldova recorded a growth of about 12% in the volume of gross premiums subscribed in the first half of the current year, compared to the same period last year. At the same time, the paid compensations exceeded 776 million lei, being over 18% larger. The data can be found in the report of the National Bank of Moldova on the financial situation of the insurance sector, reports IPN.
According to NBM, the initial gross subscriptions were 1.78 billion lei. General insurance accounted for 97.2% of the market, with a volume of 1.73 billion lei, while life insurance totaled 49.3 million lei.
NBM mentions that auto insurance continues to dominate the market, with over 66% of the total general insurance. Only for the mandatory RCA internal policies and Green Card were subscribed premiums of 787.5 million lei, increasing by 8.2% compared to the same period of the previous year.
During the same period, insurance companies paid out damages and indemnities of 776.5 million lei, over 120 million lei more than last year. Out of this amount, about 737 million lei went to general insurance, and approximately 40 million lei to life insurance. At the same time, the net profit of the insurance sector reached over 126 million lei, an increase of about 26% compared to the first half of 2025.
At the end of June, the assets of insurance companies reached 6.35 billion lei, an increase of over 4% compared to March, and the number of policies exceeded 1.39 million. During this period, there were nine insurance companies, 58 brokers, and 82 insurance agents active in the market.
