XPRIMM Group launch the third special issue of INSURANCE Profile,
dedicated to the Moldavian insurance market, this time the period
January-June 2011 being analyzed. This is the sixth special issue that
INSURANCE Profile, the well-known Specialty Review that publishes
quarterly the results of the Romanian insurance market, launches,
offering its readers up-to-date financial information regarding other
insurance markets than the Romanian one.more... (14.11.2011)
Mihai MAZARENCO was appointed as President of the company GARANTIE Asigurari, starting November 1st, 2011, by the decision of the company's majority shareholder, ASCOM Group. All documentation related to that decision was already submitted to the National Commission of Financial Market for approval.more... (03.11.2011)
The leader of the insurance market in the Republic of Moldova was, after
the first six months of the year, on the 30th position in the hierarchy
of CIS insurance companies, by the underwritings criterion, shows
XPRIMM INSURANCE REPORT 1H 2011. The second company, by size, from
Moldova, ASITO, has occupied the 51st position in the same ranking,
while GRAWE CARAT Asigurari was ranked 65th. The presented ranking does
not include insurers from Russia, Ukraine, Tajikistan and Turkmenistan.more... (19.10.2011)
EUR 8.4 million (MDL 139.5 million) totaled the brokerage market in
Moldova after the first six months of 2011, according to financial data
released by the National Commission of Financial Market. Compared with
the previous year, when Moldavian brokers registered business of EUR 5.3
million (MDL 89.5 million), the value of mediated premiums increased by
over 57%. Also, during January-June this year, brokers have mediated
about 30% of gross premiums written by insurers, a degree of mediation
by about 10 percentage points higher than in the same period of last
year.more... (09.09.2011)
Gross profit in the first half of this year for the players in the
insurance market was MDL 41.5 million (EUR 2.5 million), which
represents, compared to 1H/2010, an evolution in absolute value of about
EUR 1.9 million (editor's note:
in 1H/2010, gross profit was MDL 73.2
million, the equivalent of EUR 4.4 million). Also, losses accounted by
insurers amounted to MDL 20.9 million (EUR 1.3 million).more... (24.08.2011)
Insurance market in Moldova registered in the first six months of the
current year about EUR 28.07 million (MDL 466.21 million), a nominal
increase in European currency of 7.32% compared to January-June 2010. In
national currency, the nominal evolution of the insurance industry in
Moldova was lower, of 6.24%, due to appreciation of MDL against EUR.more... (17.08.2011)
The insurance market in the Republic of Moldova has known constant positive dynamics for the last few years, in both quantity and quality, under the circumstances of the elaborated program of reform of the industry, launched by the supervisory authority in Chisinau after the year 2007. Also, NCFM conducted feasibility studies for implementation of mandatory insurance in agriculture and on the household segment and analyzed the opportunities to include some private insurance companies in the health system circuit. All these realities create the premises of a strong market, with a developed infrastructure, from the point of view of both companies' territorial networks and their insurance products, raising awareness throughout the Republic of Moldova about the concept of "insurance".more... (29.06.2011)
On the 27th of April, the Russian language version of the www.xprimm.md
web-portal was launched. This way, all information regarding the
insurance markets from the Republic of Moldova and other countries in
the region will also be available for Russian speakers.more... (27.04.2011)
EUROASIG Grup has recently launched an awareness campaign entitled "It is good to be insured!". This initiative has as main purpose increasing the population's education regarding insurance products and their benefits.more... (05.05.2011)
