Moldavian insurance companies may issue policies in electronic system
starting next year, once with the completion of the information system
and of the common database.
"Starting October this year, we will implement a pilot program to test
the information system of electronic issuance of mandatory MTPL
insurance policies", said Vlad STIRBU, Insurance Department Manager,
The National Commission of Financial Market (CNPF) from the Republic of
Moldova.more...
(07.07.2010)
The introduction of mandatory household insurance could boost the
increase of the insurance market, but also of the awareness of people
regarding the benefits and usefulness of such a policy. Currently, only
1% of the approximately 1 million homes in Moldova are insured,
although the risks the households are exposed to are more striking, and
the frequency of the catastrophic risks is increasing in the last years
(especially floods).more...
(07.07.2010)
"The evolution of the insurance industry in Moldova was slow, since the
profile market did not develop at the same rate on all insurance
classes. Thus, motor policies, either the voluntary Motor Hull ones, or
the mandatory MTPL or Green Card ones, were more requested by
customers, to the detriment of the property segment or of the general
liability segment", said Eugeniu SLOPAC, General Manager, ASITO.more...
(15.07.2010)
"2007 marked the year of a new reglementation of the law for the
insurance market of Moldova. One of the most significant changes was
represented by the introduction of requirements on the minimum share
capital of insurers, that must reach MLD 15 million by 2012 (editor's
note: equivalent to EUR 940,000)", commented Alexei TOPOROV, President
of the insurance company GARANTIE.more...
(06.07.2010)
"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.more...
(06.07.2010)
