German car insurers are considering introducing a CO2 component to premium calculations.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to the German news magazine, Focus, industry representatives discussed a CO2 component at an insurance industry conference in Berlin recently.
The insurance industry would reward those who reduce their annual mileage and thus their CO2 emissions by offering them lower insurance payments.
Insurers are preparing themselves for the introduction of the scheme in 2011.
