THE EVOLUTION AND STRUCTURAL CHANGES OF THE AUTO INSURANCE MARKET IN THE REPUBLIC OF MOLDOVA
The transition to a market economy, a process to which the Republic of Moldova has ireversibly commited, has led to substantial changes in the conditions governing activities in the insurance sector. The auto insurance market operates based on the principles of competition and alignment with t...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academy of the Economic Studies of Moldova
2025-03-01
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| Series: | Economica |
| Subjects: | |
| Online Access: | https://irek.ase.md/xmlui/bitstream/handle/123456789/4016/ECONOMICA%20nr%201%202025_pp.%2028-40.pdf?sequence=1&isAllowed=y |
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| Summary: | The transition to a market economy, a process
to which the Republic of Moldova has ireversibly
commited, has led to substantial changes
in the conditions governing activities in the insurance
sector. The auto insurance market operates
based on the principles of competition and alignment
with the national economy’s development
potential. Thus, this article focuses on analyzing
the evolutionary trends of the auto insurance
market in the Republic of Moldova over the past 11
years, including its structural changes.
The importance of this research topic lies in
the necessity of gaining a deeper understanding of
market trends and structural changes, improving
regulations in the field, enhancing the accessibility
of insurance services, and adapting them to
consumer needs.
The research objectives focus on identifying
the main trends influencing the auto insurance
market in Moldova, analysing structural changes
and their impact on competition and accessibility,
as well as formulating recommendations to optimize
regulatory framework and enhance consumer-
oriented services. |
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| ISSN: | 1810-9136 |