Moldova Insurance Market Size by Segment (Life, General and Reinsurance), Trends, Competitive Landscape and Forecast, 2022-2026
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Moldova Insurance Market Overview
Moldova insurance market size was $109 million in 2021. The industry forecasts to increase at a CAGR of more than 6% during 2021-2026. The Moldova insurance industry research report provides historical values for Moldova’s insurance segment for the report’s review period, and projected figures for the forecast period. The report offers a detailed analysis of the key categories in Moldova’s insurance segment and market forecasts to 2026. The report also provides profiles of top insurance companies in Moldova and outlines the key regulations affecting them.
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Key Trends in the Moldova Insurance Industry
The Government of Moldova announced several medical devices to be reimbursed by the compulsory health insurance funds to increase the population’s access to medical devices of major importance. The medical devices to be reimbursed are tests, braces for determining blood sugar, intestinal and urinary stoma collection bags for patients who have undergone bowel resection or bladder removal and who have undergone surgery on the colon, and breast augmentation for women after removal of the mammary gland. The compensation will be provided from April 2022, for medical devices purchased from any pharmacy contracted by the National Medical Insurance Company.
Intact Asigurari Generale launched their mobile insurance application, Intact Reader, which facilitates the work of those involved in selling the services of the company Intact General Insurance, offering them more convenience and maximum time savings.
General Asigurari SA and C.Î. Agrostoc – an entrepreneurial cooperative for agricultural products – launched a new crop insurance product in the country. The product aims at reducing the risk of crop loss due to climate conditions, mainly due to drought, hail and late spring frosts.
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Key Segments in the Moldova Insurance Industry
The key segments in the Moldova insurance industry are life insurance and general insurance. General insurance has the highest share in the Moldova insurance industry.
In the Moldova general insurance market property, motor, liability, financial lines, MAT, and PA&H are the major line of businesses.
Moldova Insurance Industry, by Segments
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Key Life Insurance Competitor in the Moldova Insurance Industry
The key life insurance competitor in the Moldova insurance industry is Grawe Carat Asigurari SA.
Key General Insurance Competitors in the Moldova Insurance Industry
The key general insurance competitors in the Moldova insurance industry are Asterra Grup SA, General Asigurari SA, Moldasig SA, Grawe Carat Asigurari SA, Donaris Vienna Insurance Group SA, Intact Asigurari Generale SA, Transelit SA, Acord-Grup SA, MoldCargo SA, and Garantie SA.
Moldova Insurance Industry, by General Insurance Competitor
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Market overview
Market size 2021 | $109 million |
CAGR % (2021-2026) | >6% |
Key segments | Life Insurance and General Insurance |
Key life insurance competitor | Grawe Carat Asigurari SA |
Key general insurance competitors | Asterra Grup SA, General Asigurari SA, Moldasig SA, Grawe Carat Asigurari SA, Donaris Vienna Insurance Group SA, Intact Asigurari Generale SA, Transelit SA, Acord-Grup SA, MoldCargo SA, and Garantie SA |
Scope
This report provides a comprehensive analysis of the Moldova insurance industry –
- It provides historical values for the Moldova’s insurance industry for the report’s review period, and projected figures for the forecast period.
- It offers a detailed analysis of the key categories in the Moldova’s insurance industry, and market forecasts to 2026.
- It profiles the top life insurance companies in Moldova and outlines the key regulations affecting them.
Reasons to Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Moldova’s industry, and each category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Moldova’s insurance industry.
- Assess the competitive dynamics in the Moldova’s insurance industry.
- Identify growth opportunities and market dynamics in key product categories.
Asterra Grup SA
General Asigurari SA
Moldasig SA
Donaris Vienna Insurance Group SA
Intact Asigurari Generale SA
Transelit SA
Acord-Grup SA
Table of Contents
Frequently asked questions
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What was the Moldova insurance industry market size in the year 2021?
The Moldova insurance industry market was valued at $109 million in the year 2021.
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What is the Moldova insurance industry growth rate?
The Moldova insurance industry forecasts to increase at a CAGR of more than 6% during 2021-2026.
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What are the key segments in the Moldova insurance industry?
The key segments in the Moldova insurance industry are life insurance and general insurance.
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Who is the key life insurance competitor in the Moldova insurance industry?
The key life insurance competitor in the Moldova insurance industry is Grawe Carat Asigurari SA
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Who are the key general insurance competitors in the Moldova insurance industry?
The key general insurance competitors in the Moldova insurance industry are Asterra Grup SA, General Asigurari SA, Moldasig SA, Grawe Carat Asigurari SA, Donaris Vienna Insurance Group SA, Intact Asigurari Generale SA, Transelit SA, Acord-Grup SA, MoldCargo SA, and Garantie SA.
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