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Governance Vehicle Insurance / insurance Maldives Impact 4.0/10 1 min read
“We’re Fixing the Gaps in Insurance” – Minister Ameen Pushes Forward with Transport Reform

“We’re Fixing the Gaps in Insurance” – Minister Ameen Pushes Forward with Transport Reform

Transport Minister Mohamed Ameen announced a new insurance scheme for private land vehicles, to be launched within two months as an addition to existing third-party insurance. The initiative, coordinated with licensed insurers, will cover damages to the policyholder's own vehicle. Legal amendments are being drafted and will be submitted to Parliament soon. The Ministry is also advancing the Malé Fahi transport initiative to reduce congestion, including vehicle permit restrictions to be published in the Government Gazette after a 90-day transition period.

Transport Minister Mohamed Ameen announced a new insurance scheme for private land vehicles, to be launched within two months as an addition to existing third-party insurance. The initiative, coordinated with licensed insurers, will cover damages to the policyholder's own vehicle. Legal amendments are being drafted and will be submitted to Parliament soon. The Ministry is also advancing the Malé Fahi transport initiative to reduce congestion, including vehicle permit restrictions to be published in the Government Gazette after a 90-day transition period.

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The Standard

Published

Jun 22, 2025

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Transport Minister Mohamed Ameen announced a new insurance scheme for private land vehicles, to be launched within two months as an addition to existing third-party insurance. The initiative, coordinated with licensed insurers, will cover damages to the policyholder's own vehicle. Legal amendments are being drafted and will be submitted to Parliament soon. The Ministry is also advancing the Malé Fahi transport initiative to reduce congestion, including vehicle permit restrictions to be published in the Government Gazette after a 90-day transition period.

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Focus: “We’re Fixing the Gaps in Insurance” – Minister Ameen Pushes Forward with Transport Reform

Unique detail: “We’re Fixing the Gaps in Insurance” – Minister Ameen Pushes...

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