Third-party motor insurance premiums could rise by up to 25%, govt review underway: Report

17 hours ago 2

MoRTH is assessing a proposal to increase Motor Third Party insurance premiums by an average of 18%, potentially 20–25% for certain vehicles. This comes after years without changes, as insurers face high loss ratios and rising costs in the industry.

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Third-party motor insurance premiums could rise by up to 25%, govt review underway: Report

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