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Motor tag returned 520 results

  • National reform agency proposes CTPL premium hikes for old vehicles

    The National Development and Reform Commission (NDRC) has suggested that a study be carried out on hiking premiums for compulsory motor third party liability (CTPL) insurance for old vehicles with poor safety records. The implication is that owners would then take the initiative to scrap old vehicles.

    China | 14 Jun 2019
  • Monthly car sales fall the sharpest in May

    China has reported the worst-ever monthly sales drop in its vehicle market, exacerbating concerns over the country's economic slowdown and growing impact of an ongoing trade war with the US, reported Reuters.

    China | 14 Jun 2019
  • Australia: Drivers can now get full kangaroo crash cover

    Huddle Insurance, which calls itself a technology company that uses AI to improve insurance services, has launched Australia's first product to cover fully drivers in the event of a collision with a kangaroo or other animals.

    Asia | 14 Jun 2019
  • India: May auto sales see biggest dip in 18 years

    The total number of passenger vehicles sold in May stood at 239,347 units, 20.6% lower than the corresponding month in 2018, making the decline the biggest since September 2001 when sales dropped by 21.9%.

    Asia | 13 Jun 2019
  • The DNA of a Systematic Automotive Failure

    With so many exaggerated Hollywood depictions of car hacking scenarios, it's easy to become absorbed - to imagine a future in which cars are hacked by criminals or terrorists and used as weapons. While there are reasons why such scenarios haven't yet taken place, could they? And if so, how can we prevent them?

    Asia Risk | 12 Jun 2019
  • Majority of consumers would welcome self-driving cars

    A majority of consumers have a positive attitude toward self-driving cars, and are awaiting their introduction with 'anticipation', according to a survey conducted by the consulting group Capgemini.

    AIRPlus | 10 Jun 2019
  • India: Hikes in motor premium rates to take effect on 16 June

    The IRDAI has increased the third party (TP) motor insurance premium for small and medium private cars with a capacity of up to 1500cc by 12-12.5%, with the new rates taking effect on 16 June.

    Asia | 07 Jun 2019
  • South Korea: Motor premium rates to rise for 2nd time this year

    Non-life insurance companies in South Korea are looking to hiking car insurance premiums on the back of deterioration in the loss ratio. This will be the second increase in motor premium rates following hikes in January this year.

    Asia | 24 May 2019
  • Algeria: Biggest insurer grows at double the industry's pace

    The largest insurer in Algeria, National Insurance Company (Société Algérienne des Assurances or SAA), has posted a turnover of DZD27.7bn ($231.6m) for 2018, representing an increase of 4.4% compared to 2017.

    Middle East | 22 May 2019
  • India: IRDAI proposes substantial hikes in motor 3rd party insurance premiums

    Third party insurance premiums for cars, two-wheelers and transport vehicles are likely to go up substantially. The IRDAI released a new exposure draft on the subject on 20 May 2019.

    Asia | 22 May 2019

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