Private Passenger Vehicles (PPV)

The AIRB has completed its 2020 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, 2020.

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

The Open Meeting was held through a webinar on August 20, 2020.

Background Information - PPV

Annual Review Report

Appendix A: Oliver Wyman Annual Review Final Report

Appendix B: Private Passenger Vehicle (PPV) Industry Benchmark Schedule (Bulletin 04-2020) – Effective October 1, 2020

Appendix C: Consumer Representative Report

Notice 03-2020: Annual Review of Industry Experience as of December 31, 2019 For Private Passenger Vehicles 

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Open Meeting - Transcript - PPV

Video Transcript – August 20, 2020

Open Meeting - Presentation Documents - PPV

Oliver Wyman: Preliminary Report – Presentation slides

Facility Association: Written submission to Chair – Written submission to Executive Director – Presentation slides

Insurance Bureau of Canada: Written submission – Presentation slides

Consumer Representative: Submission and survey results – Presentation slides

Alberta Civil Trial Lawyers Association: Written submission – Presentation slides

Open Meeting - Written Submissions - PPV

Association of Independent Assessment Centres: Written submission

Aviva Canada: Written submission

Co-operators Group Limited: Written submission

Desjardins General Insurance Group: Written submission

Intact Financial Corporation: Written submission

TD Insurance Group: Written submission

Commercial Vehicles

The AIRB has completed its 2020 Annual Review process to analyze industry loss experience for commercial vehicles to establish industry benchmarks used to assess insurance companies’ commercial vehicles rate filings for basic and additional coverage, effective October 1, 2020.

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

Background Information and Decisions - Commercial Vehicles

Oliver Wyman Annual Review Final Report – Commercial Vehicles

Industry Commercial Vehicle (COM) Benchmark Schedule (Bulletin 05-2020) – Effective October 1, 2020

Oliver Wyman Actuarial Analysis Preliminary Report – Commercial Vehicles

Notice 04-2020: Annual Review of Industry Experience as of December 31, 2019 For Commercial Vehicles