VIG to acquire 80% stake in Moldovan non-life insurer

Written by Adam Cadle

29/08/2025

Vienna Insurance Group (VIG) has won a public auction to acquire an 80% stake in Moldovan non-life insurer Moldasig.

The Austrian insurer said the move will position it as a leader in the Moldovan insurance space with a market share of around 30%.

VIG deputy CEO and managing board member responsible for Moldova Peter Höfinger said: “This acquisition demonstrates our strong commitment to the Republic of Moldova. Our strategic objective is to contribute to the better service of the Moldovan economy and its citizens by further strengthening the insurance sector.

“We have confidence in Moldova’s European integration trajectory and intend to apply our international expertise to enhance stability and risk protection, for the benefit of society at large. We would like to specifically mention the transparent and professional organisation of the process by authorities of the Republic of Moldova as well as to express our gratitude for their trust in VIG as a long-term partner.”

Related Articles