Moldovan Insurers' 9-mo Gross Profit Rises 70% Y/Y

The total premium income of the 33 insurance companies operating in Moldova was 633.1 million lei in the first nine months of 2008, up from 512.7 million lei a year earlier, CNPF said in a statement.

It added that the indemnities paid by Moldovan insurers rose to 189.1 million lei through September from 154.4 million lei a year earlier.

The combined assets of Moldovan insurers grew by an annual 28% to 1.29 billion lei in at the end of September.

Moldasig and ASITO were the largest insurers in terms of premium income in Moldova in the period.

(1 euro=12.9675 Moldovan lei)