As of July 1, 2025, the cap on rates for MTPL policies is lifted, and brokers are warning of possible significant price hikes.
Raluca Ioana Draghici
Current Affairs
www.shutterstock.com
Always see our news on Google
The Financial Supervisory Authority (ASF) announces that the temporary rate cap on motor liability insurance (MTPL) policies will be lifted as of July 1, 2025. Although the ASF and the main players in the insurance market believe that liberalization will not create major imbalances, brokers warn that certain segments of the market will experience significant increases in rates. The change marks a milestone in the regulation of the motor insurance market.
Sources
Tarifele RCA se liberalizează. De la 1 iulie dispare plafonarea. Ce se întâmplă cu asigurările
Plafonarea tarifelor pentru poliţele RCA este eliminată de la 1 iulie. Tarifele au urcat deja cu 18%
Plafonarea tarifelor RCA expiră pe 1 iulie. Ce se întâmplă cu prețul asigurărilor
Latest News
15:48
Turkish commercial ships attacked with drones in the Black Sea. Ankara condemns the incidents.
15:45
The Ministry of Finance is preparing for the Moody's evaluation, after maintaining the rating from Fitch.
15:39
A 70-year-old man died after being hit by a car on Calea Dorobanți in Bucharest.
15:30
Mihai Stoica, the president of FCSB, announces that the team will bring in a new foreign striker after being eliminated from the Conference League
15:28
Fire on board a vessel with migrants in the English Channel: 157 people rescued by the French Coast Guard
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
