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MTPL policy fell by 2,8%
MTPL policies have fallen in price in Russia. Last January, the cost decreased by 2,8% compared to the same period last year.
According to the RSA press service, the average price of the policy fell to 5529 rubles. And the average payout on the contrary increased by 3,7% to 67990 rubles. The total amount of insurance payments increased from 11,05 to 11,36 billion rubles.
At the same time, the Russian Union of Insurers recorded an increase in the number of MTPL agreements concluded from 2,43 to 2,49 million. Experts attribute the decrease in the cost of policies to the reform of tariff individualization.