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Motor tag returned 604 results

  • Cambodia: Govt to penalise uninsured vehicle owners

    The Insurance Association of Cambodia (IAC) has signed an MoU with general insurers on vehicle insurance whereby the insurers will use accident reports from traffic police to develop an accident scenario assessment and determine compensation. The agreement will come into effect in January next year and seeks to make processing claims more accurate and faster, reported the Khmer Times.

    Asia | 23 Oct 2019
  • New telematics solution seeks to improve driver safety

    Swiss Re has partnered with global car electronics company Pioneer to co-develop a telematics solution which will be integrated in the reinsurer's Coloride app. The solution is said to provide insurers with better and more personalised risk assessment while supporting safer driving behaviour. It is set to be launched globally early next year.

    Asia | 21 Oct 2019
  • Rwanda: Insurers to charge safe drivers lower motor premiums

    Vehicles that have been involved in many accidents will be subjected to higher insurance premiums if insurance firms adopt a new pricing strategy.

    Africa | 21 Oct 2019
  • New Zealand sees rising non-life insurance premiums

    Premiums for dwelling, contents and vehicle insurance in New Zealand surged by 7.6%, 3.5% and 8.4% respectively over the year to September 2019 according to official data agency Stats NZ. The increases were concurrent with rising household costs and transport prices.

    Asia | 17 Oct 2019
  • South Korea: Govt to formulate insurance rules for self driving vehicles by 2024

    The Korean government will revise regulations and set up traffic infrastructure for fully autonomous vehicles, as well as lay out insurance rules and drivers' responsibilities, by 2024.

    Asia | 17 Oct 2019
  • India: Non-life premiums surge despite slump in vehicle sales

    Premium income underwritten by general insurance companies (excluding standalone health insurers) rose to INR201.45bn ($2.82bn) in September from INR144.64bn in the same month last year, according to statistics released by the IRDAI.

    Asia | 17 Oct 2019
  • Highlighting road safety with electronic prosthetic limbs

    MSIG Malaysia has teamed up with philanthropist Sujana Mohd Rejab to design and build electronically controlled prosthetic limbs for people injured in road traffic accidents in Malaysia.

    AIRPlus | 14 Oct 2019
  • Malaysia: Safe drivers to receive discounts on insurance premiums

    Drivers in Malaysia with no traffic offences will enjoy lower premiums or additional discounts on their 'No Claim Bonus' (NCB) starting from January next year, reported state news agency BERNAMA citing transport minister Anthony Loke at the side-lines of the 60th Road Safety Council of Malaysia annual general meeting.

    Asia | 10 Oct 2019
  • Bosch introduces new safety feature in EVs to prevent shocks

    In September, the electric vehicle (EV) industry supplier Bosch introduced the pyrofuse, a new safety tool to help keep first responders safe from electrocution after a crash.

    Asia Risk | 09 Oct 2019
  • India: Around 100 two-wheeler users a day die for want of a helmet

    About 100 two-wheeler users per day die in a road accident in India because they did not wear a helmet.

    Asia | 09 Oct 2019


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