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Uber & Grabcar driver lip lai - Part 5

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Old 25-09-2018, 10:49 PM   #9601
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Insurance claims from road accidents climb by 11.8 per cent despite fewer reported accidents

SINGAPORE - Motor accidents are becoming more severe and involving more injuries, going by first-half results released by the General Insurance Association (GIA) on Tuesday (Sept 25).

The association said there had been a "significantly higher increase" of 11.8 per cent in incurred motor insurance claims, totalling $291.3 million for the interim period, despite a dip of 4.3 per cent in the number of reported motor accidents.

As a result, the motor insurance sector incurred an underwriting loss of $12.6 million for the six months up to June 30, from a profit of $17.2 million in the same period last year.

The association noted that this was the third consecutive quarter in which motor insurance - which accounts for more than a quarter of the general insurance business - had been loss-making.

On the back of that, gross premiums for motor insurance shrank by 2.4 per cent to $600.9 million in the first half of 2018.

There are no details on what contributed to the situation but the GIA said an inference could be made about the figures. It said escalating claims on the back of fewer accidents can mean only one thing: the accidents were on average more severe, possibly involving more injuries.

The Straits Times understands that more claimants engaging lawyers could be a secondary contributing factor, as claims through legal means are usually bigger. An increased number of inflated and fraudulent claims could also be a factor, sources said.

A bigger pool of private-hire cars - a fairly new phenomenon - could be another contributor.

Earlier this year, statistics from motor insurers showed that private-hire cars - which make up 4.9 per cent of the total vehicle population - accounted for 9.4 per cent of 82,800 accidents reported in the second half of 2017.

Passenger cars, which make up 59 per cent of vehicles, accounted for 49.5 per cent of accidents.

Taxis, which make up just 2.4 per cent, accounted for 13 per cent of accidents.

On the whole, the general insurance sector saw a marginal 1.1 per cent increase in total gross premiums to $2.07 billion in the first half of 2018, the GIA said.

Underwriting profit plunged by 94.5 per cent to $3.14 million, "as claims costs increased significantly across key segments such as motor insurance and work injury compensation insurance", it said.

Work injury compensation posted an underwriting loss of $6 million - down from a profit of $1.4 million in the first half of 2017.

GIA president Karl Hamann said: "Our top priorities include working with key stakeholders to reduce the severity and frequency of motor accidents, and leveraging digital technologies... to lower and mitigate claims costs inflation."

https://www.straitstimes.com/singapo...-despite-fewer
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Old 25-09-2018, 10:50 PM   #9602
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How come so late still haven keep
Pls avoid wlcp, as there is td territory.
Kp la. Really getting annoying.

Can stop sniffing or notch. Pffft...
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Old 25-09-2018, 10:52 PM   #9603
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Who are the better drivers: taxis or phvs?
Who are the worse drivers: taxis or phvs?
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Old 25-09-2018, 11:07 PM   #9604
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Power of AA

Eat ton of GS

9 trip passenger cancel, countless i cancel




Posted from PCWX using Don’t avoid, just pick any job, easy, step and go, no need use brain , remember u need Grab,Grab don’t need u
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Old 25-09-2018, 11:33 PM   #9605
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Does it matters?


In gemeral, all plying otr for livelihood.
Who are the better drivers: taxis or phvs?
Who are the worse drivers: taxis or phvs?
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Old 25-09-2018, 11:38 PM   #9606
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Does it matters?


In gemeral, all plying otr for livelihood.
Really for livelihood?

If yes, why drive like shyt? Y tailgate? Y reckless?

Again, really livelihood? Your argument is so flawed.
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Old 25-09-2018, 11:40 PM   #9607
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In another word, tanjiak

No argue pls
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Old 26-09-2018, 12:06 AM   #9608
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Hey how come my cancellation credit comes in as “TOP up $4.00”. I don’t have anything that looks like yours.

Power of AA

Eat ton of GS

9 trip passenger cancel, countless i cancel




Posted from PCWX using Don’t avoid, just pick any job, easy, step and go, no need use brain , remember u need Grab,Grab don’t need u
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Old 26-09-2018, 12:12 AM   #9609
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Really for livelihood?

If yes, why drive like shyt? Y tailgate? Y reckless?

Again, really livelihood? Your argument is so flawed.
As you say, be fast or be last.
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Old 26-09-2018, 05:10 AM   #9610
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how much can one earn on a usual Friday or Saturday midnight?
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Old 26-09-2018, 07:52 AM   #9611
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How tribecar work ah?

I just book for the time slot i want. They will auto help me update with Grab the car plate right?

Then i just drive accordingly then just return.

I might be using it this sat and sun. For Grab is book economy sedan or standard sedan or both also can?

Posted from PCWX using Don’t avoid, just pick any job, easy, step and go, no need use brain , remember u need Grab,Grab don’t need u
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Old 26-09-2018, 08:13 AM   #9612
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U didnt include any cheat code upon sign up?

Eco sedan and mpv is the lowest cost, same rate.
For me, i hoot mpv.
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Old 26-09-2018, 08:17 AM   #9613
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30mins prior will update plate.
U log off and in to see the changes
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Old 26-09-2018, 08:46 AM   #9614
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If not mistaken tribecar needs to inform grab u using your car. Smove process is like dat for uber.

How tribecar work ah?

I just book for the time slot i want. They will auto help me update with Grab the car plate right?

Then i just drive accordingly then just return.

I might be using it this sat and sun. For Grab is book economy sedan or standard sedan or both also can?

Posted from PCWX using Don’t avoid, just pick any job, easy, step and go, no need use brain , remember u need Grab,Grab don’t need u
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Old 26-09-2018, 08:50 AM   #9615
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actually geogre, the other rental coy cannot let u collect car on sat?

so to save e hassle of porting ur acc from tribe then to normal gc acc
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