Just got my CTP renewal for one of my bikes. I noticed that there has been a substantial increase in the cost from the 2015 renewal, 23.013% or $89. GIO provide the cheapest NSW CTP for bikes and have done for a number of the past years, usually $100-200 less than the other few insurers. I would then guess many riders have taken on GIO policies. I wonder if this increase reflects an increased number of claims on GIO given they probably hold a large chunk of the market share, or if they notice their premiums are a couple of hundred dollars cheaper than competitors, so they narrow the gap, but still remain cheaper, or whether other losses from other insurance divisions such as home/business where we have had fires, floods, storms etc have seen them raise all premiums to recover some of their losses. With the ever increasing RTA/RMS costs each year, and now huge CTP increase, it is almost as costly to register my bike as it is my cars! Anyone else notice a marked increase this year?