Turkey:Average MTPL premium falls by 24% in wake of price cap

By MEIR team | 05 Sep 2017

The average premium for mandatory third party liability motor insurance (MTPL) fell by 24% from TRY864 (US$252) in March to TRY660 in July, since the implementation of a premium ceiling on 12 April, notes Deputy Prime Minister in charge of the economy Mehmet Simsek.

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