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 semi-annual review is currently conducted for private passenger vehicles only.

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.

Semi-annual Review - Private Passenger Vehicles