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Starting 2017, the MTPL rates will be liberalized on the insurance market in Montenegro, according to the Law on Compulsory Insurance in Traffic (Official Gazette No. 44/12) which sets a transitional five years period for the prices liberalization reports 1 asig.ro.
"After this five years period, the insurance companies must set individually their own tariffs", said Boris SABAN, Executive Director, National Bureau of Montenegro Insurers.
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