The AIRB conducts an annual review of auto insurance loss experience to establish industry benchmarks for basic and additional coverage for private passenger and commercial vehicles.
The AIRB has completed its 2014 Annual Review process to analyze industry loss experience for PPV to establish industry benchmarks to assess insurance companies’ PPV rate filings for basic and additional coverage, effective October 1, 2014.
The AIRB consulted with interested stakeholders as part of its Annual Review.
The Open Meeting was held in Edmonton at Canadian Western Bank Place, 10303 Jasper Avenue, on August 19, 2014.
Appendix A: Oliver Wyman Annual Review Final Report
Appendix B: Consumer Representative Report
Appendix C: Ratemaking Components Schedule – Effective October 1, 2014
Adjustment to Grid Base Rates for Basic Coverage (Bulletin 04-2014 and Order 01-2014) – Effective January 1, 2015
Bulletin 03-2014: Ratemaking Components Schedule
Oliver Wyman Actuarial Analysis Preliminary Report
Audio Transcript – August 19, 2014
Oliver Wyman: Preliminary Report – Presentation slides
Facility Association: Written submission – Presentation slides
Insurance Bureau of Canada: Written submission – Presentation slides
Consumer Representative: Written Submission – Presentation slides
TD Insurance Group: Written submission – Presentation slides
Co-operators Group Limited: Written submission
Intact Financial Corporation: Written submission
State Farm Mutual Automobile Insurance Company: Written submission