News Non-Life23 Jan 2018

India:Uninsured two-wheelers to cost millions in lost premiums

23 Jan 2018

Premiums lost in compulsory motor third party liability (MTPL) business from uninsured two-wheelers is forecast to rise to INR520 billion (US$8.2 billion) in the fiscal year ending 31 March 2025 from INR56.41 million in FY2016, if the uninsured rate of 75% continued in the segment, according to the insurance regulator IRDAI.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments

Other News


Follow Asia Insurance Review