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'Motor insurance premium hike too low to cover losses'

Last Updated: Friday, March 29, 2013, 12:20

The general insurance industry on Friday termed the decision of the sectoral regulator to increase the motor insurance premium as a step in right direction, but too low to cover losses in this segment.

Motor insurance premium to be costly by up to 20% from Apr 1

Last Updated: Tuesday, March 26, 2013, 21:12

Motor insurance premium will be costly by up to 20% from Apr 1 in view of rising inflation and the history of claim settlement.

Two- fold hike in motor insurance premium, rates to go up from April 1

Last Updated: Saturday, February 16, 2013, 21:15

Motor Insurance premium is set to become more expensive, with IRDA proposing up to up a two- fold hike in rates from April 1 in view of rising inflation and the history of claim settlement.

Motor insurance premium rates to go up

Last Updated: Sunday, April 01, 2012, 17:09

Owners of cars, commercial vehicles and two-wheelers will have to pay more towards insurance with enhanced motor insurance rates coming into effect from Sunday.

Motor insurance premium rates to go up

Last Updated: Sunday, April 01, 2012, 17:09

Owners of cars, commercial vehicles and two-wheelers will have to pay more towards insurance with enhanced motor insurance rates coming into effect from Sunday.

Motor insurance premium set to rise from April

Last Updated: Friday, December 23, 2011, 20:41

Motor insurance premium is set to jump by up to 20 per cent from April 2012, with the IRDA on Friday deciding to scrap the common pool used by insurers to settle accident claims.