- it is established in the legal form of organisation of a joint stock company, including with foreign investment;
- it is registered with the opinion of the supervisory authority. The opinion of the supervisory authority shall also be verified for the registration of amendments to the constitutive documents and to the data in the State Register. Founders and shareholders may be natural persons and/or legal entities, residents and non-residents of the Republic of Moldova, under the conditions of the legislation in force (art.9 para.(4) of Law no.92/2022).
- A legal entity undergoing liquidation or insolvency proceedings may not be a founder or shareholder, nor may a person subject to a legal restriction on establishing a commercial company;
- the minimum capital requirement, represented by the own capital of the insurance or reinsurance company, is at least (the absolute floor):
- the equivalent in lei of EUR 2,200,000 (at the official exchange rate of the Moldovan leu communicated by the National Bank of Moldova) — for insurance companies carrying out activity in the “general insurance” category that do not fall under letter b;
- the equivalent in lei of EUR 3,200,000 (at the official exchange rate of the Moldovan leu communicated by the National Bank of Moldova) — for insurance companies carrying out activity in the “general insurance” category that underwrite, wholly or partly, also the risks of insurance classes 10–15 of section B of the annex to Law no.92/2022;
- the equivalent in lei of EUR 3,200,000 (at the official exchange rate of the Moldovan leu communicated by the National Bank of Moldova) — for insurance companies carrying out activity in the “life insurance” category;
- the equivalent in lei of EUR 3,200,000 (at the official exchange rate of the Moldovan leu communicated by the National Bank of Moldova) — for reinsurance companies carrying out exclusively reinsurance activity;
- the total of the amounts provided for in letters a and c or b and c — for composite insurance companies carrying out simultaneous activity.
- at the moment of state registration, the insurer or reinsurer must meet the minimum capital requirement provided for in letter e) and have the funds fully deposited in monetary form in a bank account by its founders. Insurance or reinsurance companies calculate the equivalent in lei of the amounts in euro, with effect from 31 December of each year, according to the official exchange rate communicated by the National Bank of Moldova for 31 October.
- the full name of the insurer carrying out activity in the “life insurance” category must obligatorily contain the words “asigurări de viaţă” or words derived therefrom. The full name of the reinsurer carrying out activity exclusively in reinsurance must obligatorily contain the word “reasigurare” or a word derived therefrom. It is not permitted to use in the name of the insurer (reinsurer) signs identical or similar to those in the names of previously established insurers (reinsurers) if the name of the former may be confused with those names. This prohibition does not extend to an affiliated insurer (reinsurer) where it uses the name of the organisation with which it is affiliated.