A regulation change has been announced regarding the compulsory liability insurance premiums for motor vehicles, as per General Circular No. 2023/31. Starting in September 2024, the maximum premiums will increase by 2% based on vehicle group and usage type. This regulation will take effect on September 1, 2024. Other provisions of the circular will be implemented by the President of the Private Pension Regulation and Supervision Authority (IPRSA).

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