Regulatory Alerts2024-12-19
Decision No 328 Approving the Regulation on Insurance Sector Own Funds, Asset Valuation, Technical Provisions and Solvency Requirements
The National Bank of Moldova approves a new Regulation establishing comprehensive prudential and financial stability indicators for insurance and reinsurance undertakings. The framework mandates precise methodologies for calculating own funds, valuing assets and liabilities, identifying eligible coverage for technical provisions, and satisfying minimum capital, solvency, and liquidity thresholds. Additionally, the decision amends existing normative acts to fully align the domestic insurance sector's regulatory requirements with these updated prudential standards.
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