Latest News
Added May 1, 2019: Bulletin 03-2019: Industry PPV Benchmarks Schedule, effective April 1, 2019
Added May 1, 2019: AIRB Filing Decisions - 1st quarter of 2019.
Added February 8, 2019: Bulletin 02-2019: Private Passenger Vehicles - Criteria for Ministerial Order No. 5/2019
Added January 8, 2019: Bulletin 01-2019: Industry Private Passenger Vehicle (PPV) Insurers - Approval of 2019 CLEAR Rate Group Tables
See the archive page for earlier updates.
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.
