An analysis of the preliminary financial results of the insurance sector showed that there was, in the NBM’s wording, a “slight positive trend” in the first nine months of 2025.
During this period, insurance companies concluded insurance contracts worth 2,443.9 million lei, which is 0.9% more than in the same period of the previous year, despite a 7.0% decrease in mandatory insurance premiums. As in previous years, “the insurance market of Moldova was largely oriented towards accident insurance, which accounted for 97.0% of the total amount of insurance contracts concluded by insurance companies”, the regulator calculated, drawing attention to the lopsided development of the insurance market.
Insurers keep their liabilities stable, reducing the sector’s profitability. According to the latest reports, as of 09/30/2025, most insurance companies have recorded positive results and their ratios have remained within the prescribed norms. And this is happening in the face of significant changes in the regulatory framework.
Nevertheless, the NBM, realizing the complexity of the situation, urges market operators to “adapt to the changes that challenge their business models, while maintaining high standards of company and risk management, sector sustainability, as well as strengthening cybersecurity”. A key focus is on the timely fulfillment of obligations by insurers. This will be a particular focus of the regulator’s supervision, whose priorities for the coming years have been formally defined.
