Financial Sector / Key indicators of insurance corporations by industry / Key indicators of motor insurance

Retention ratio

86.8%
Percent Q3 2022
No significant change vs. same quarter last year
Composition chart is not applicable for this series
2015 2016 2017 2018 2019 2020 2021 2022
Q1 99.1% 95.0% 96.5% 94.5% 88.0% 92.8% 91.9% 91.7%
Q2 98.8% 95.6% 84.2% 91.2% 89.7% 86.5% 84.3% 81.1%
Q3 98.1% 94.3% 94.7% 83.7% 90.6% 92.9% 86.7% 86.8%
Q4 95.3% 93.4% 90.1% 92.7% 93.6% 92.2% 93.9%
Data
ID 3112
Range Q1 2015 - Q3 2022
Frequency Quarterly
Source
Maldives Monetary Authority
© 2022 Maldives Monetary Authority