Local incorporation is required for engaging in insurance activities.
"Chapter I - GENERAL DISPOSITIONS [...]
Article 9(1).  The conclusion of the insurance contracts by the residents Republic of Moldova  
The residents of the Republic of Moldova, within the meaning of Law no. 62/2008 regarding the foreign exchange regulation, I can conclude insurance contracts only with companies registered in the Republic of Moldova or the branches [subsidiaries] of foreign companies registered in the Republic of Moldova, unless the requested insurances are not practiced on the internal market, as well as except in the cases provided by the treaties. countries to which the Republic of Moldova is a party.
[...]
Chapter III - REGULATION OF THE INSURANCE ACTIVITY (REINSURANCE)
Article 20.  Establishment of the insurer (reinsurer)
(1) The activity of insurance (reinsurance) may be carried out exclusively by insurers (reinsurers), in the form of a joint stock company, including foreign investments, which hold an activity license issued under the conditions of this law. [...]" (LAW No. 407 of 21-12-2006 On Iinsurance [google translated])
LAW No. 407 of 21-12-2006 On Iinsurance [google translated]
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