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

Published by Statista Research Department, Feb 7, 2024
As of June 2023, the gross loss ratio of CTP (compulsory third-party) motor vehicle insurance in Australia reached 71.14 percent, marking an increase in loss ratio compared to previous year, which saw a loss ratio of 55.32 percent.

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

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

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 taken from the first quarter (March) in these years.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Motor insurance in Europe "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Motor insurance in Europe

Overview

5

Leading companies

8

Premiums

8

Average cost

6

Claims

8

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Non-life insurance industry in the UKLife insurance worldwideReinsuranceCyber insuranceValuation of non-life insurance sector in global perspective
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.