Home Business IRDAI hints on rise in 3rd-party motor insurance

IRDAI hints on rise in 3rd-party motor insurance

By
Dhrumit Thakkar
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1190
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(G.N.S) Dt. 21 Bengaluru Insurance Regulatory and Development Authority (IRDAI) on Monday announced its intention to increase third-party motor insurance rates on average by 10-20% for bikes, cars and taxis. The insurance regulator held the premiums steady only for luxury motorcycles and cars, may be because it had raised rates

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