News From Press Rise in third-party motor cover premium rates to partially offset underwriting losses for insurers: Report

Rise in third-party motor cover premium rates to partially offset underwriting losses for insurers: Report

Source: Financial Express Jun 4, 2022

The recent increase in the premium rates on third-party motor insurance is unlikely to fully offset the motor insurance segment’s underwriting losses, Crisil Ratings said in a report.

The premium rates for third-party motor insurance have been increased from June 1.

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