The Private Pension Regulation and Supervision Authority (IPRSA) has issued a new directive, numbered 2024/12, which modifies the previous directive numbered 2023/31. Beginning in May 2024, the maximum premiums applied based on vehicle group and usage type will be increased by 3%. This change will take effect on May 1, 2024, and other provisions of the directive will continue to be enforced by the authority’s president, with certain statements from previous directives updated.
