The recently published IVASS Provision no. 150 of September 25, 2024, has introduce important changes and additions to Ivass Regulation No. 36 of February 28, 2017. This Provision updates submission of data regarding the pricing for motor vehicle liability insurance (RC auto) for motorcycles and mopeds. The amendments are limited to private use of said vehicles.
With this new Provision, the Institute for Insurance Supervision (IVASS) intends to enhance transparency and improve the monitoring of RC auto insurance prices, a sector traditionally under close scrutiny due to its economic and social implications. The updated regulation seeks to provide a more accurate and current overview of the costs borne by consumers for insurance coverage, while also offering useful tools to analyze the dynamics of the insurance market related to motorcycles and mopeds.
The changes are part of an ongoing revision of the sector regulations, aimed at improving the quality of data available to the supervisory authorities and end users.