The National Bank of Moldova held a working meeting with insurance companies and reiterated its focus on developing a stable, competitive insurance sector aligned with European requirements, while presenting its supervisory priorities for 2025–2026. Discussions covered implementation of the EU acquis, measures to strengthen market stability, and potential solutions to improve sector functioning, with the aim of supporting consumer confidence and wider financial stability. Governor Anca Dragu emphasised the need for ongoing dialogue between the supervisor and the insurance sector in the context of European integration. Deputy Governor Constantin Șchendra reviewed planned stages for establishing an Insurance Guarantee Fund and implementing the Solvency II Directive. The central bank noted it has been responsible for licensing, regulation and supervision of insurers, reinsurers, intermediaries and the National Bureau of Motor Insurers (BNAA) since 1 July 2023.
National Bank of Moldova 2025-01-24
National Bank of Moldova outlines 2025–2026 insurance supervision priorities and plans for Solvency II and an Insurance Guarantee Fund
The National Bank of Moldova outlined its supervisory priorities for 2025–2026, focusing on developing a stable, competitive insurance sector aligned with European standards. Key discussions included implementing the EU acquis, enhancing market stability, and establishing an Insurance Guarantee Fund. The bank has overseen licensing, regulation, and supervision of insurers and related entities since July 2023.