Earlier quoted context omitted.
>If you are today a big insurance like Munich Re, and you see already today that self-driving produces already much less accidents (90% or so I read days ago?), and the tech is really new & "not 100% reliable" and you believe that this tech will be rolled out - one day you will start lobbying politicans that manual driving needs to be forbidden, except some rare cases. Why would insurance companies lobby for that? 90…
Insurance is cheaper on safer vehicles. A 90% reduction in accidents is a 90% reduction in _paying out_. That reduces operating costs.
Insurance companies aren't a monopoly. They're in competition with each other to offer lower rates. So if there's a reduction in paying out, they'll need to reduce their premiums to stay competitive with each other.