Accessible data on the CMTPL insurance
The Bank of Russia begins to publish detailed statistics on CMTPL insurance. This will allow all the interested parties to gain a better understanding of the structure of this market and become familiar with the actual accident rate data for different categories of drivers and vehicles.
For example, the accident rate for taxis is much higher than for private cars. Taxi drivers are involved in accidents 7.6 times more often than the ordinary drivers. Statistics also show that young drivers under 25 are involved in accidents twice as often, and drivers over 40 have 35% fewer accidents rate than the market average.