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

Retention ratio

85.7%
Percent • Q1 2023
-0.1% vs. same quarter last year
Composition chart is not applicable for this series
2015 2016 2017 2018 2019 2020 2021 2022 2023
Q1 99.1% 95.0% 96.5% 94.5% 88.0% 92.8% 91.9% 91.7% 85.7%
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% 87.6%
Data
ID 3112
Range Q1 2015 - Q1 2023
Frequency Quarterly
Source
Maldives Monetary Authority
© 2023 Maldives Monetary Authority