A critical analysis of provisions relating to compulsory third party insurance under part VII of the road traffic Act No.11 of 2002 It is estimated that over three quarters of a million people are killed and tens of millions are injured on the roads in low-income countries each year* an....
aI, Dr Rob Davies, Minister of Trade and Industry, hereby under Section 13 (1) (a) of the National Regulator for Compulsory Specifications Act (Act 5 of 2008), withdraw the current Compulsory Specification for Motor Vehicles of Category M2I3, and replace it with the Compulsory Specification ...
Based on data of compulsory vehicle liability insurance in China during 2009-2011,the paper finds that the current premium structure suffers from unfairness problem that exists among different regions and different types of vehicles.It is also found that expense ratios in different regions are artifici...