US EditionThe Role of Compulsory Third Party (CTP) Insurance in the Global Insurance Ecosystem – Accountant Log
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The Role of Compulsory Third Party (CTP) Insurance in the Global Insurance Ecosystem – Accountant Log
A Key Component of Risk Mitigation in Vehicle Ownership As regulatory frameworks tighten and vehicle ownership rises globally, demand for Compulsory Third Party (CTP) insurance has continued to grow steadily. This mandatory coverage provides financial protection for injury or death caused to third parties in vehicle-related accidents, serving as a critical component of the global insurance ecosystem. By examining the intersections with credit, c…
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