Only 0.5% of the population of Moldova has a life insurance
 "In the Republic of Moldova, there are in progress about 17,000 life insurance policies, which represents about 0.5% of the population", said Sergiu CERTAN, General Manager of the insurance company SIGUR-ASIGUR.
"Of the 17,000 ongoing policies, about 800 are issued by the insurance company SIGUR-ASIGUR", said Sergiu CERTAN.
In the Republic of Moldova, life insurance generates under 7 percent of the insurers business. Moreover, in the profile market, only two companies are selling these types of policies: SIGUR-ASIGUR and GRAWE CARAT.
The insurance company SIGUR-ASIGUR was founded in 2002 and activated, in the beginning, on the financial investments segment and on the securities market. Currently, it is also selling products specific to the voluntary private pensions market.
The company's sales force consists of corporate agents. Also, the capital, Chisinau, generates 70% of the revenues of the insurance company.
"For the current year, we aim the development of the activity. Unfortunately, in Moldova there is a psychological problem among the population, regarding the concept of insurance, as they are used with being helped by the state", concluded Sergiu CERTAN.
Author: Oleg DORONCEANU, Vlad BOLDIJAR
on 06.07.2010
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