Incomes of Insurance Companies of Moldova 1,8 Times Down in 1Q
OREANDA-NEWS. July 02, 2012. According to the National Comission on Financial Market in Q1, 2012 total assets of the insurers of made up 2 bln. 233.6 mln. leis, 17.3% up as compared with the same period of 2011.
Net assets of this year were 1 bln.228.1 mln. leis as of the end of March, 2012, 11.3% up as compared with the same period of the past year.
Their total authorized capital grew 535.39 mln. leis (+26,7%). According to NCFM, technical reserves of the insurance market amounted to 725.79 mln. leis following Q1, 2012.
The disposable solvency margin was 799.05 mln. leis , with the minimum required being 281.52 mln. leis). The liquidity factor varies from 1% (VitoriAsig) to 16.4% (Asterra Grup). In the reporting period premiums of the insurers made up 231.93 mln. leis (+9,3% as compared with Q1, 2011) and indemnities were 107.48 mln. leis (+19,8%).
Reinsurance was allotted to 53.5 mln. leis (+18.8%). NCFM has provided the information on 24 insurers of Moldova, with four of them having returned or invalid licenses.
Комментарии