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2021 Annual Review

Annual Review of Automobile Insurance Loss Experience - Index

• Private Passenger Vehicles
• Commercial Vehicles

2021 Annual Review - Private Passenger Vehicles

The Automobile Insurance Rate Board (AIRB) has completed its 2021 Annual Review process to analyze industry loss experience for PPV to establish industry benchmarks to be used in the review of insurers' PPV rate filings for basic and additional coverage, effective October 1, 2021.

The AIRB consulted with interested stakeholders as part of its Annual Review.

The Open Meeting was held through webinar on August 19, 2021.

Documentation - Private Passenger Vehicles (PPV) Annual Review

2021 Background Information and Decision
Posted September 24, 2021 except where noted:

• Annual Review Report
• Appendix A: Oliver Wyman Annual Review Final Report
• Appendix B: Industry Private Passenger Vehicle (PPV) Benchmark Schedule
  (Bulletin 09-2021) - effective October 1, 2021
• Appendix C: Consumer Representative Report
  (includes survey results; see presentation below)
• Notice 02-2021 (posted June 25, 2021)
• Advertisement (posted June 25, 2021)

2021 PPV Open Meeting - Transcript
Posted August 31, 2021:

• Video Transcript (MP4)

2021 PPV Open Meeting - Presentation Documents
Posted August 19, 2021:

• Oliver Wyman: Actuarial Analysis Preliminary Report | Presentation
• Facility Association: Submission | Presentation
• Insurance Bureau of Canada: Submission | Presentation
• Consumer Representative: Submission and Survey Results | Presentation
• Alberta Civil Trial Lawyers Association: Submission | Presentation

2021 PPV Open Meeting - Written Submissions
Posted August 19, 2021:

• Aviva Canada: Written Submission
• Co-operators Group Limited: Written Submission
• TD Insurance Group: Written Submission

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2021 Annual Review - Commercial Vehicles

The Automobile Insurance Rate Board has completed its 2021 Annual Review process to analyze industry loss experience for commercial vehicles to establish industry benchmarks to be used in the review of insurers' commercial vehicles rate filings for basic and additional coverage, effective October 1, 2021. The Board condulated with nterested stakeholders as part of its Annual Review.

Documentation - Commercial Vehicles Annual Review

2021 Background Information and Decisions
Posted September 24, 2021 except where noted

• Oliver Wyman Annual Review Final Report - Commercial Vehicles
  
  
• Industry Commercial Vehicle (COM) Benchmark Schedule
  effective October 1, 2020 (Bulletin 10-2021)
  
  
• Oliver Wyman Actuarial Analysis Preliminary Report - Commercial Vehicles (posted June 25, 2021)
  
  
• Notice 03-2021 (posted June 25, 2021)

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