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Old 21st May 2019, 07:26   #16
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Default Re: IRDA NOT to raise 3rd party premiums

Just a day after the conclusion of polls, IRDAI proposed an increase in TP motor insurance premium! No change in long term premium rates for cars and 2 wheelers.

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Source: http://www.thehindu.com/business/thi...le27189640.ece
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Old 20th July 2020, 10:33   #17
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Default Re: IRDA NOT to raise 3rd party premiums

Zee Business says IRDA might not increase 3rd Party premium this year. Although not official yet but this is due to the fact that many policies have not been renewed this year due to Covid situation. The insurance premium was proposed to be increased by 10-20% this year.
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