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Motor tag returned 536 results

  • India: IRDAI clarifies new regulations for motor insurance

    The Insurance Regulatory and Development Authority of India (IRDAI) has clarified that only new private cars and two-wheelers will be covered by new rules governing long-term third-party motor insurance, reported local publication Financial Express. While existing vehicles can continue to renew their policies on an annual basis, it will be compulsory for new private cars to go for three-year policies and for new two-wheelers to go for five-year policies.

    Asia | 15 Jul 2019
  • Uganda: Over 50% of road accidents involve boda-bodas

    One out of 20 citizens have experienced an accident or injury in the past six months and more than half (53%) of the cases involve boda-bodas which are bicycle and motorcycle taxis, according to the findings of a new survey.

    Africa | 15 Jul 2019
  • Korea: Second largest non-life insurer makes its mark on foreign markets

    DB Insurance is driving its entry into overseas markets by acquiring a number of foreign insurers, reported The Korea Times citing industry sources. The non-life insurer has already marked its presence in the US, Chinese, Guam and Vietnamese markets via a localisation strategy where the two main products it sells are car insurance and home fire insurance.

    Asia | 08 Jul 2019
  • Jordan: Insurers urge municipal authorities to restore driving record system

    The Jordan Insurance Federation (JIF) has said that it is all for granting discounts on motor premiums to drivers with a clean traffic record. To obtain the discount, customers have to submit the required documents in accordance with the regulations and legislation in force issued by the Ministry of Industry and Trade.

    Middle East | 08 Jul 2019
  • Saudi Arabia: Enforcement in motor & health spells P&C growth

    Growth in Saudi Arabia's P&C sector (ex motor) is expected to slow this year to a CAGR of 2%, which is primarily a reflection of slower GDP growth, says investment house Arqaam Capital in a report.

    Middle East | 04 Jul 2019
  • A cricket-themed safety campaign

    India's love for cricket now resonates on the insurance field with a digital campaign by Reliance General Insurance (RGI) to raise public awareness on the safety of pillion riders on two-wheelers.

    AIRPlus | 03 Jul 2019
  • India: Survey reveals how consumers fail to understand motor insurance

    Nearly 7 out of 10 consumers buy motor insurance both because third party liability cover is mandatory for vehicle owners and also because the insurance provides protection against financial loss due to damage or theft of the vehicle.

    Asia | 02 Jul 2019
  • UAE: Motor insurance sector upbeat about growth

    Insurance companies have begun to recover after years of price undercutting, due largely to the unified motor insurance policy implemented by regulators in January 2017, say insurance officials and executives.

    Middle East | 30 Jun 2019
  • New licensed broker enters Singapore market

    Windward Insurance Broker is now open for business with the approval of its licence by the Monetary Authority of Singapore (MAS) in February 2019 and the appointment of its core team members.

    Asia | 28 Jun 2019
  • Malaysia: Vehicle theft reduction collaboration sees results

    Efforts by various agencies and insurance trade bodies have led to a drastic reduction in the theft of motor vehicles in Malaysia.

    Asia | 28 Jun 2019

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