The ranking was based on data for 2025.
Grave Carat Asigurari ranked 81st, climbing four places compared with 2024. The insurer’s turnover stood at €30.1 million, 28.4 per cent higher than the previous year. Profit fell to €1.1 million, compared with €3.2 million in 2024.
Asterra Grup fell from 77th to 88th place. Turnover stood at €25 million, 7.91 per cent less than in 2024. Profit was €1.4 million, which was also lower than the previous year’s figure (€2.3 million).
Moldasig ranked 100th, although it had been in 83rd place the previous year. Turnover stood at €21.4 million, 9.22 per cent lower than the previous year. In 2025, the company recorded a loss of €1.2 million, whereas it had ended 2024 with a profit of €1.8 million.
This insurer’s operations are greatly complicated by the fact that the company has long been at the centre of corporate and legal disputes in the Republic of Moldova relating to control over its shares and the actions of the regulator.
The state, represented by the Public Property Agency and the National Commission for Financial Regulation (NCFR), has intervened in the company’s management, buying back or placing shares under its temporary administration to stabilise the market and seek a strategic investor (for example, transactions and auctions were held in 2019, 2021 and 2025).
At the end of 2026, the NCFR once again obliged Moldasig to ensure the sale of a large block of shares (65.03 per cent) after finding that a number of shareholders had acted in collusion.
This story was translated with the assistance of artificial intelligence.
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