2023/31 Regulation on the Amendment of the General Circular Regarding Motor Vehicles Mandatory Financial Liability Insurance Premiums (2024/31)
2023/31 Regulation on the Amendment of the General Circular Regarding Motor Vehicles Mandatory Financial Liability Insurance Premiums (2024/31)

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The Private Pension Regulation and Supervision Authority (IPRSA) announced a change in a directive dated December 14, 2023, indicating that the maximum premiums for vehicle categories and usage types, set for December 2024, will increase by 0.75% starting January 2025. This adjustment will take effect on January 1, 2025, and its implementation will be overseen by the Authority’s President. Previous directives have also included adjustments regarding premium increases, establishing maximum premium rates on different dates.

This content has been sourced from the official website of the Private Pension Regulation and Supervision Authority (IPRSA). Click here to access the original document and review the details.

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