RACQ chief executive David Carter said while the club had built a strong reputation for claims management, it was no longer viable to continue participating in the scheme. “The scheme’s design allows ...

The average CTP premium for January-November 2023 was 7812 rubles, which is 3% lower than in January 2023 (8035 rubles). At the same time, the average payment for this period of time amounted to 88.6 ...

In the realm of insurance, the Global Compulsory Third Party (CTP) Insurance Market stands at a value of approximately USD $ billion in 2021, poised for a robust journey with an envisaged growth rate ...

The 120-year-old motoring club has threatened to abandon their loss-making Compulsory Third Party operation after attracting too many riskier drivers and older vehicles under the scheme, which ­covers ...

Don't miss out on the headlines from Business. Followed categories will be added to My News. RACQ chief executive David Carter said while the club had built a strong reputation for claims management, ...

A massive rise in compulsory third party insurance for a popular class of motorbikes has riders demanding authorities reveal the data they used to justify the cash grab. Here’s what you’ll pay after ...