Gross loss ratio of commercial motor vehicle insurance in Australia 2017-2023

Published by Statista Research Department, Feb 7, 2024
As of June 2023, the gross loss ratio of commercial motor vehicle insurance in Australia was 68.96 percent, marking an slight increase in loss ratio compared to the previous year, which had a gross loss ratio of 67.74 percent.

Gross loss ratio of commercial motor vehicle insurance in Australia from 2017 to 2023

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Source

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Release date

September 2023

Region

Australia

Survey time period

years ending June 2017 to June 2023

Supplementary notes

According to the source, gross loss ratio is net of non-reinsurance recoveries.

*Values are from the first quarter (March) for these years.

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