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

Retention ratio

73.3
Percent Q1 2024
-11.0pp. vs. last quarter
-12.4pp. vs. same quarter last year
Composition chart is not applicable for this series
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Q1 99.1% 95.0% 96.5% 94.5% 88.0% 92.8% 91.9% 91.7% 85.7% 73.3%
Q2 98.8% 95.6% 84.2% 91.2% 89.7% 86.5% 84.3% 81.1% 85.5%
Q3 98.1% 94.3% 94.7% 83.7% 90.6% 92.9% 86.7% 86.8% 84.5%
Q4 95.3% 93.4% 90.1% 92.7% 93.6% 92.2% 93.9% 88.7% 84.3%
Data
ID 3112
Range Q1 2015 - Q1 2024
Frequency Quarterly
Source
Maldives Monetary Authority
© 2024 Maldives Monetary Authority