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Motor insurance premium

Insurers deplore modest hike in 3rd party insurance premium

Disappointed by moderate hike allowed by the regulator IRDAI in third party motor premium, effective from today, general insurers may hike premiums in other classes of business to compensate for it.

Apr 01, 2015, 22:08 PM IST

Third-party motor insurance premiums to go up from today

The premiums are being revised after a gap of three years.

Apr 01, 2015, 00:07 AM IST

Premium growth slows to 9% in Oct, Nov as auto sales fall

After clipping at 12-13 percent growth in the first half, the incremental premium income of the Rs 80,000-crore general insurance industry has plunged to single-digits in both October and November due to sharp fall in motor insurance premium, say industry experts.

Dec 14, 2014, 12:31 PM IST

'Motor insurance premium hike too low to cover losses'

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.

Mar 29, 2013, 12:20 PM IST

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

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

Mar 26, 2013, 21:12 PM IST

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

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.

Feb 16, 2013, 21:15 PM IST

Motor insurance premium rates to go up

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.

Apr 01, 2012, 17:09 PM IST

Motor insurance premium set to rise from April

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.

Dec 23, 2011, 20:41 PM IST