Semi-annual Review

The AIRB conducts a semi-annual review to establish industry benchmarks to be used in the review of insurers’ rate filings of basic and additional coverage for private passenger vehicles. The semi-annual review benchmarks are based on data to June 30th of the prior year and are for filings submitted on or after April 1st of each year.

The purpose of the semi-annual review is to ensure the AIRB industry benchmarks reflect the most current industry experience available. See the links below for information about the semi-annual review; they contain all relevant information and documents pertaining to that particular year.