Damages of Insurance Companies of Moldova Amount to 19,5 mn Leis
OREANDA-NEWS. June 05, 2014. As it was informed by the National Commission on Financial Markets, half of 16 operating in the insurance companies have suffered losses in January-March 2014.
Total assets of the insurance companies of Moldova amounted to 2 billion 415.4 million lei, while their net assets reached 1 billion 105.3 million lei (3.5% compared with I quarter 2013), and the total registered capital amounted to 454.3 million lei (6.2%). As of late I quarter 2014, total technical reserves amounted to 1.04 billion lei, and the available solvency margin - 604.06 million lei.
Liquidity ratio varies from 1.4% (Asito) to 14,4% (Auto-Siguranta). In January-March 2014 premiums of insurance companies amounted to 255.02 million lei (10 %), compensations - 131.5 million lei (11.7 %). Reinsurance made up 39.5 million lei.
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