THE INSURANCE MARKET OF THE REPUBLIC OF MOLDOVA IN TERMS OF INVESTMENT POTENTIAL

Angela Timus and Cristina Ungur
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Angela Timus: National Economic Research Institute of the Academy of Sciences of Moldova

Studii Financiare (Financial Studies), 2013, vol. 17, issue 2, 31-43

Abstract: The financial market of the Republic of Moldova has been characterized by a high degree of uncertainty during the last years. The political instability had its consequences causing disturbances, especially on the bank market. At the same time, the global financial crisis has had a direct impact on the national financial market as well, reducing thus the investment potential in the bank and non-bank financial sector, especially of the foreign investors. Notwithstanding the insurance market of the Republic of Moldova has registered a growth during this period. The paper presents an analysis of the insurance market in terms of its investment potential and tries to explain the behavior of the insurance products’ consumers in the conditions of the actual financial and economic crisis.The financial market of the Republic of Moldova has been characterized by a high degree of uncertainty during the last years. The political instability had its consequences causing disturbances, especially on the bank market. At the same time, the global financial crisis has had a direct impact on the national financial market as well, reducing thus the investment potential in the bank and non-bank financial sector, especially of the foreign investors. Notwithstanding the insurance market of the Republic of Moldova has registered a growth during this period. The paper presents an analysis of the insurance market in terms of its investment potential and tries to explain the behavior of the insurance products’ consumers in the conditions of the actual financial and economic crisis.

Keywords: financial market; life and non-life insurance; financial crisis; bank sector; investment potential (search for similar items in EconPapers)
JEL-codes: D53 E22 G22 G23 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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