Sharp rise in electric vehicle insurance premiums and unsustainable write-offs: FWD
Reinsurance News - Jul 22, 2025
There has been a sharp rise in electric vehicle (EV) insurance premiums, driven by higher repair costs, labour expenses, and parts shortages — factors that often lead to unsustainable write-offs after minor accidents, according to a recent white paper by FWD Research. The paper draws on insights fro...
Recommended Articles
Posted: Nov 07, 2025
Canada Life Reinsurance, the Capital and Risk Solutions (CRS) reinsurance business of Great-West Lif...
Posted: Nov 07, 2025
Morningstar DBRS has highlighted that while Canadian property and casualty (P&C) insurers remain...
Posted: Nov 07, 2025
Fitch Ratings, a provider of credit ratings, research, and risk analysis, has stated that the Europe...