Infomarket

News

Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

In Moldova, the cost of compulsory domestic motor third party liability insurance policies may increase.

In Moldova, the cost of compulsory domestic motor third party liability insurance policies may increase.

The National Commission on Financial Market is holding public consultations on the draft amendments to the resolution on the procedure for submitting, agreeing and applying the actuarial calculation of insurance premiums for compulsory motor third party liability insurance. The project provides for an increase in the amount of indicative Compulsory motor third party liability insurance premiums by approximately 36%. The previous time their size increased on August 1, 2021 - by 12.4%. The NCFM notes that from July 1, 2022, changes to the unified Methodology for calculating the basic insurance premium and adjustment coefficients came into force, as a result of which the size of the basic insurance premium for the compulsory motor third party liability insurance increased by 36% - from 995 to 1350 lei. The methodology was updated taking into account the recommendations of European experts, and now the formula for calculating the base premium takes into account the medium-term impact of the bonus-malus coefficient. In connection with the increase in the size of the basic insurance premium, as well as taking into account the growth of the annual inflation rate, the NCFM initiated the adjustment of indicative compulsory motor third party liability insurance premiums for all categories of vehicles and all categories of owners. The amount of the indicative premium is set depending on the category of the vehicle and its technical characteristics, the place of registration of the vehicle (separately for Chisinau municipality, Hincesti, Orhei, Straseni, Ialoveni, Anenii Noi and Criuleni districts and separately for other settlements), the legal status of its owner (individual or legal entity), type of contract, age and driving experience of the insured and the car user. When calculating the amount of the insurance premium for compulsory motor third party liability insurance, the bonus-malus in the RCA Data system is applied automatically, taking into account the individual loss history of each insured. According to the project, for example, for a vehicle with an engine capacity of 2,000 to 2,400 cubic cm, a service life of up to 23 years, and if the driver has more than 2 years of experience, the amount of the indicative compulsory motor third party liability insurance premium will increase from 1,654.88 to 2,245 .32 lei, if the vehicle belongs to an individual registered in Chisinau, and from 1182.06 to 1603.8 lei - in another locality. If a similar vehicle is registered to a legal entity in Chisinau, the size of the indicative premium will increase from 1805.33 to 2449.44 lei, in the regions of the country - from 2149.2 to 2916 lei. The NCFM conducts public consultations on this project, it is posted on the commission's website.// 07.07.2022 — InfoMarket

News on the subject

Moldovan government supports the digitization of the CMTPL policy and a 10-fold increase in fines for not insuring motor vehicle liability.
Moldovan government supports the digitization of the CMTPL policy and a 10-fold increase in fines for not insuring motor vehicle liability.
Moldovan government supports the digitization of the CMTPL policy and a 10-fold increase in fines for not insuring motor vehicle liability.
Moldovan government supports the digitization of the CMTPL policy and a 10-fold increase in fines for not insuring motor vehicle liability.
The AITA Association will allocate 15 million lei for the capitalization of the insurance and reinsurance company Moldcargo.
The AITA Association will allocate 15 million lei for the capitalization of the insurance and reinsurance company Moldcargo.
CNPF revoked Moldova-Astrovaz's license for insurance activity.
CNPF revoked Moldova-Astrovaz's license for insurance activity.
In the first quarter of 2022, the net profit of insurance companies (before tax) amounted to 83.8 million lei, an increase of 2.3 times compared to the same period last year.
In the first quarter of 2022, the net profit of insurance companies (before tax) amounted to 83.8 million lei, an increase of 2.3 times compared to the same period last year.
In the first quarter of 2022, the volume of written insurance premiums exceeded the volume of paid indemnities by 2.6 times.
In the first quarter of 2022, the volume of written insurance premiums exceeded the volume of paid indemnities by 2.6 times.