Tuesday, March 28, 2017

Auto insurance loss ratio improved significantly ... It fell only 'Meritz' insurance



[Korea gimmingyeong financial newspaper reporter] showed that the auto insurance loss ratio of life insurers last month improved significantly. Is interpreted by the financial authorities to car repair and rental practices fell effect, with improved accident rate thanks to the weather. However, most insurance companies only naenoteumyeo discounts, etc., etc. Zoom Rider miles jeongjak premium cuts are lukewarm appearance.

According to a recent insurance industry in February the average loss ratio of the primary insurers 10 companies selling auto insurance was motivated falling 8.3% p compared to 88.3% last year to 80.0%.

Meritz recorded the largest year gaeseonpok plunged 14.7% p YoY to 74.3%. Followed by AXA direct declined 14.4% p to 77.5%.

In addition, 73.9% of Dongbu Insurance and Samsung Fire 75.3%, KB Insurance 76.4%, Hanwha showed that the ratio of non-life insurance, including most 76.7%, 77.9% Hyundai life insurers improved significantly.

Proper ratio usually seen as 'income' criteria for car insurance is approximately 77-78%. Accordingly, except for some four Lotte Insurance 89%, MG Insurance 92%, The-K non-life insurance 87% and the remaining non-life insurance premiums are interpreted as looking much lower capacity.

Meritz is actively reflecting the strong performance was reduced by 0.8% a month car insurance. Meritz Fire officials "had the force due to improved loss ratios gotta thanks to last year's premium hikes, while" Decides also that there is room enough to make altered considering the standard terms shuffled cuts, he said.

However, the remaining insurers had slightly shuffled impression. Insurance rates reflect the new standard auto insurance agreement with effect from two months are the reasons. Samsung Fire & Marine Insurance 0.9% and 0.9%, Hyundai, and the like Dongbu 0.7%, KB Insurance 0.7%, particularly AXA Direct criticized it launched a 0.8% hike in the distance only 12 days, but said that an average 1% lower last month's personal auto insurance It was awarded the.

Deposit Insurance Corporation, which in this case large companies of 10 companies other than Samsung Fire the end of last year, premiums lowered the average 2.3% lower capacity "last month response, announced a" life insurers cut capacity analysis on auto insurance premiums reduced by Samsung Fire 'report and the naenwatda analysis.



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