On July 26, EBA participated at the consultative meeting on issues related to the modification of the reference premium related to the mandatory auto liability insurance, with the representatives of the National Financial Market Commission (CNPF), transporters, insurers and representatives of other business associations in the country.
The meeting was organized for consultations and exchange of views between the supervisory authority and the concerned parties, in order to ensure transparency and fairness in the decision-making process and to promote a constructive dialogue between the CNPF and Civil Society. Thus, the dialogue with the participants focused on the reasoning that determined the need to amend the formula for calculating the basic insurance premium, which consequently generates an increase in the insurance premium.
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