NSW Greenslips

[fanboi]

Originally Posted by Yellow_Festiva

Just curious, have you got any figures of what is paid out to injured persons compared to what income is generated from CTP premiums, across the entire state?

It isnt a profitable part of the business, this is why when someone like NRMa hits a certain amount of market share with CTP they jack up the prices so people will go elsewhere and spread the burden. The way the prices are set with prices submitted to the govt blindly also makes it very difficult for the insurers to use it as a cash cow as you claimed.