Press release
Insurance Market in Moldova is Set to Fly High in Years to Come
Insurance Market
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Summary
Moldova Insurance Industry - Governance, Risk and Compliance
Summary
GlobalData’s ‘Moldova Insurance Industry - Governance, Risk and Compliance’ report is the result of extensive research into the insurance regulatory framework in Moldova.
It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.
The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.
Key Highlights
- National Commission on Financial Market (NCFM) is responsible for supervision and control of the Moldovan insurance industry.
- 100% FDI is permitted in the Moldovan insurance industry.
- Composite insurance is not permitted in the Moldovan insurance industry.
- Motor third -party liability insurance and health insurance are among the classes of compulsory insurance in Moldova.
- Non-admitted insurance is not permitted in Moldova. However, resident insurance and reinsurance companies can place reinsurance business with a reinsurer not registered in the country.
The report provides insights into the governance, risk, and compliance framework pertaining to the insurance industry in Moldova, including -
- An overview of the insurance regulatory framework in Moldova.
- The latest key changes, and changes expected in the country’s insurance regulatory framework.
- Key regulations and market practices related to different types of insurance product in the country.
- Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in the country.
- Key parameters including licensing requirements permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations.
- Details of the tax and legal systems in the country.
Scope
- The report covers details of the insurance regulatory framework in Moldova.
- The report contains details of the rules and regulations governing insurance products and insurance entities.
- The report lists and analyzes key trends and developments pertaining to the country's insurance regulatory framework.
- The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country.
- The report provides details of taxation imposed on insurance products and insurance companies.
Reasons to Buy
- Provides FAQ-style analytical insights comprising 129 knowledge elements on insurance compliance applicable to the country.
- Gain insights into the insurance regulatory framework in Moldova.
- Track the latest regulatory changes, and expected changes impacting the Moldovan insurance industry.
- Gain detailed information about the key regulations governing the establishment and operation of insurance entities in the country.
- Understand key regulations and market practices pertaining to various types of insurance product.
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Table of Contents
MOLDOVA
Legislation Overview
Supervision and Control
Legislation
Compulsory Insurance
Non-Adm
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/3644788-moldova-insurance-industry-3
What to Expect from this Report On Moldova Insurance Market:
1. A comprehensive summary of several area distributions and the summary types of popular products in the Moldova Insurance Market.
2. You can fix up the growing databases for your industry when you have info on the cost of the production, cost of the products, and cost of the production for the next future years.
3. Thorough Evaluation the break-in for new companies who want to enter the Moldova Insurance Market.
4. Exactly how do the most important companies and mid-level companies make income within the Market?
5. Complete research on the overall development within the Moldova Insurance Market that helps you elect the product launch and overhaul growths.
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