Latest News
Added February 8, 2019: Bulletin 02-2019: Private Passenger Vehicles - Criteria for Ministerial Order No. 5/2019
Added January 29, 2019: Notice 01-2019: Semi-annual Review of Industry Experience as of June 2018 for Private Passenger Vehicles
Added January 8, 2019: Bulletin 01-2019: Industry Private Passenger Vehicle (PPV) Insurers - Approval of 2019 CLEAR Rate Group Tables
Added January 2, 2019: AIRB Filing Decisions - 4th quarter of 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
