EV manufacturers’ bespoke solutions may change the auto insurance landscape: Morningstar DBRS

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Reinsurance News - Apr 26, 2024

Traditional insurance firms have reportedly had to adapt to high repair costs of electric vehicles (EV) and the rapid pace of adoption in China, Europe and the UK, which has resulted in significant insurance premium rate increases, says Morningstar DBRS. Even though governments have incentivised the...

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