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Motor tag returned 297 results

  • South Korea: Motor business slows in 2017

    Growth in South Korea's auto insurance market slowed last year due to intensifying competition and lower premiums, , according to the data by the Financial Supervisory Service.

    Asia | 20 Apr 2018
  • Australia: Regulation main hurdle in implementation of driverless vehicles

    Regulation is the main hurdle in the transition to fully driverless vehicles, said IAG group executive of strategy and corporate development David Harrington.

    Asia Risk | 18 Apr 2018
  • Turkey: European insurers concerned about MTPL measures

    The Turkish regulatory framework for motor third party liability (MTPL) insurance saw significant changes over the past year, that are . highly concerning for foreign (re)insurers operating in the Turkish insurance market as they prevent (re)insurers from placing business on an economic basis and in line with appropriate business and risk management practices, says Insurance Europe.

    Middle East | 16 Apr 2018
  • Hong Kong: Insurance body uses blockchain to set up online motor platform

    The Hong Kong Federation of Insurers (HKFI) is in the process of creating an e-platform on blockchain that would record and track data related to motor insurance in the territory.

    Asia | 16 Apr 2018
  • Turkey: Recalcitrant drivers identified and sent for road safety training

    Around 200 recalcitrant drivers out of 10,000 who had been involved in a higher than average number of traffic accidents last year have been identified and are undergoing a special training programme.

    Middle East | 15 Apr 2018
  • Australia: Driverless cars expected to gain traction on far horizon

    The uptake of mainly driverless and fully driverless vehicles is a lot further away than people have been led to believe, according to research by Insurance Australia Group (IAG).

    Asia | 12 Apr 2018
  • Lebanon: Insurance mart see stable growth of 4% in premiums in 2017

    The insurance industry in Lebanon posted GWP of US$1.63 billion in 2017, 3.8% higher than the US$1.57 billion reported for 2016, according to data released by the Association of Insurance Companies in Lebanon (ACAL) in its 4Q2017 report.

    Middle East | 10 Apr 2018
  • Rise of the robots: Risks and rewards

    From chatbots to autonomous vehicles to connected machines in digital factories, more widespread implementation of artificial intelligence (AI) applications is transforming industry and society with the promise of huge benefits for businesses such as increased efficiencies, fewer repetitive tasks, better customer experiences and new products.

    AIRPlus | 03 Apr 2018
  • India: Proposal made for 5-year mandatory motorbike liability cover

    The Supreme Court Committee on Road Safety has asked the insurance regulator IRDAI to require that insurers offer compulsory three-year insurance policies for cars and five-year policies for motorbikes at the time of sale and registration.

    Asia | 03 Apr 2018
  • What's new in the market?

    We bring you a roundup of what's new in the market in recent weeks. It pays to know what's happening in the industry so you are not caught unawares. It can even be a sneak peek into what's to come in your home market.

    Agents | 02 Apr 2018

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