The regulatory insurance framework meets the EU regulations partially and will need essential adjustments in all the areas in the future. This is the conclusion of a study whose goal was to identify the restrictions hindering the development of the insurance services market in the context of the negotiations on the creation of a Deep and Comprehensive Free Trade Area between Moldova and the EU, Info-Prim Neo reports. According to the study, the users of such services will be the main beneficiaries of the restructuring in the insurance sector. If the Government negotiates sufficient periods for implementing the EU documents on insurance, the users will obtain more transparency in processes at the insurance companies. Moreover, the insurance services will diversify after new companies enter Moldova. The inefficient companies that focus only on mandatory insurance services, especially civil liability insurance for motor vehicle owners, and optional auto insurance, will be the real losers of the process of restructuring and adjusting the insurance framework to the requirements imposed by the new Association Agreement and the Agreement on the Creation of the Deep and Comprehensive Free Trade Area. On the other hand, the group of winners will consist of insurance companies that will have free access to a market with regulations similar to those existing in the EU. The experts who carried out the study consider that the Government must ensure a participative process, involving national companies, so as to avoid the unfavorable consequences. They also recommend that the transition terms for implementing the EU Directives be coordinated with the market participants. By formulating and implementing the national legislation in accordance with the requirements of the EU Directives, the costs of fulfilling the commitments stipulated in the negotiated agreements will become institutional and legislative adjustment costs, says the study. According to statistical data, 24 insurers now work on the national insurance market. Twenty-two or 92% of the companies work on the general insurance segment (accidents, goods, autos, etc.) and only two licensed companies perform simultaneous/combined general and life insurance activities. The study was made by experts of the Business Consulting Institute and the Society for European Development and Legal Expertise SEDLEX, with support from the Good Governance Program of Soros Foundation Moldova.