The new rules will trim IP rider prices by about 30% on average, but insurers still face mounting pressure to manage claims and risk‑pool shifts in a high‑inflation environment.
Growth is also being supported by digital distribution, product innovation and underwriting discipline, despite pressure from rising vehicle prices, weaker purchasing power and weather-related losses.
The regulator is maintaining the 45% floor for the advanced illiquidity premium risk allowance to ensure that settings remain aligned with risk levels.
