Login | Register Here
Facebook Twitter
Meri car logo
Are you on Facebook? Talk NOW
LIVE Web Chat Now! | Hot-Deals
 
 

MeriCAR Home » » Car News

'Motor insurance premium hike too low to cover losses'
01-04-2013 | http://zeenews.india.com/business/automobiles/auto-news/motor-insurance-premium-hike-too-low-to-cover-losses_73113.html
Mumbai: 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.

"If you see the exposure draft, there was a proposal to increase premium at a higher rate. Even if done at the proposed level, it was inadequate. So, the current rise is too inadequate to cover the losses in this space on the back of rising accidents and claims," General Insurance Council Secretary General R Chandrasekaran told reporters.

Advertisment
   May I Help You?  
  Name
 
  E-mail
 
  City
 
  Mobile No.
-
 
 
 
 
 
 
Car dealer man
Bookmark  Del Digg Reddit Technorati Follow on
bottom  

Disclaimer: The car news are for the awareness of MeriCAR users. For detail user need to visit to the actual source of news.

Other Services : Car Tyres | Car Batteries | CNG | Car Insurance | Car A/C Repair | Car Wash | Accidental Repair | Breakdown Assistance
Car Makes/Models: Maruti | Honda | Hyundai | Tata | Toyota | Mahindra | BMW | Mercedes | Mitsubishi | Nissan | Range Rover | Relault | Audi | Chevrolet | Daewoo | Daitshu | Duster | Fiat | Ford | Jaguar | Skoda | Matiz | Opel | Pontiac
Car Service & Repair: Bangalore | Coimbatore | Chennai | Delhi | Faridabad | Ghaziabad | Gurgaon | Hyderabad | Jaipur | Mumbai | Nasik | Noida | Pune
Hot Topics: Bosch Car Service | Car Denting Painting | Car Towing Service

Today's car repair blog: Sunita Sinha - 2018-02-24 09:06:50