Latest News
Added November 1, 2018: Bulletin 12-2018 - Filing Guideline Exception for Ministerial Order No. 14/2018 and related FAQs.
Added November 1, 2018: Bulletin 11-2018 - Gender X.
Added October 31, 2018: 2018 Annual Review on Automobile Insurance Loss Experience (Private Passenger Vehicles) - Adjustment to Grid Base Rate for Basic Coverage effective January 1, 2019 - Bulletin 10-2018 and Order 01-2018.
Added October 3, 2018: AIRB Filing Decisions - 3rd quarter of 2018.
Added September 24, 2018: 2018 Annual Review - Final Reports and Bulletins 07, 08 and 09-2018.
See the archive page for earlier updates.
Annual Review
Annual Review of Automobile Insurance Loss Experience
The AIRB conducts an annual review of automobile insurance loss experience to establish industry benchmarks to be used in the review of insurers' rate filings for basic and additional coverage for private passenger vehicles and commercial vehicles.
The annual review benchmarks are based on data to December 31 of the prior year and are for filings submitted on or after October 1 of each year. The private passenger vehicles industry benchmarks will also be used for the annual (January 1) adjustment to the Grid Rating program.
Annual Review - Private Passenger Vehicles
- 2018
- 2017
- 2016
- 2015
- 2014
- Prior to July 1, 2014 - Annual Industry-wide Adjustment
Effective July 1, 2014, a new Automobile Insurance Premiums Regulation came into effect which eliminated the annual industry-wide adjustment.
Annual Review - Commercial Vehicles
