RCA and CASCO CAR Insurance in the Republic of Moldova and Development Perspectives

Abstract

Since the beginning of human civilization, there have been marvelous predictions for the prevention of damage, but also for the support of the world. Insurance companies are obliged to establish premium reserves, which are at the disposal of the insurance company and can be used as a resource. The use of these reserves of premiums is done by placing these amounts in shares, bonds, treasury bills, term deposits with banks, lending, purchases of real estate, etc. The financial resources provided by the insurance companies do not increase the monetary mass in the market, but they do not redistribute it. Only in the case of loans secured on the basis of the life insurance policy does the monetary mass increase, but it is also a misfortune. JEL: G22.