Vienna Insurance Group bids for 80% stake in Moldova's top non-life insurer, MOLDASIG S.A.

The Vienna Insurance Group (VIG) has bid to acquire 80% of Moldova's leading non-life insurer, MOLDASIG S.A., aiming to boost risk protection stability. Meanwhile, Austriacard Holdings AG reported a 10% drop in Q1 2025 revenues to €82.6 million, with net profit falling by 50.5% to €2.6 million, largely due to normalization in the Turkish banking card market.