Motorists have been advised by the Pensions and Insurance Authority to ignore the information purporting an increase in premiums on compulsory motor third party liability insurance for private and commercial vehicles by 100 percent.

martin-libingaAuthority Registrar Martin Libinga has explained that such a general adjustment in premiums would have been approved and formally communicated.

Mr. Libinga has called members of the public who may have already paid the unapproved premiums that they must claim refund of the amount in excess.

He further stated that the public must report to the undersigned all instances where such a claim for refund is declined or delayed beyond five working days.

On Air