Regulatory Alerts2015-06-23
Regulation on Determination of Premium Structure for Compulsory Motor Liability Insurance
The Central Bank of the Republic of Kosovo issued this regulation to establish a standardized premium structure and approval process for compulsory motor liability insurance. Licensed insurers must submit actuarial reports and risk premium tables to the Central Bank, which will approve or refuse them within thirty days while capping policy charges at 30 percent of the total premium. Approved tables remain mandatory for at least one year, apply to both domestic and border motor insurance, and trigger transitional adjustments once the Central Bank completes its market-wide actuarial assessment.
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