Europe: Motor is a disparate market, with a future
It might surprise people in richer European countries, but an important part of claim payments on compulsory motor third-party liability policies in Latvia is used to pay for funerals.
"In Latvia, this is an important reason to have the cover," says Torbjörn Magnusson, vice-president of Insurance Europe, the Brussels-based insurance and reinsurance federation. "If you were to
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