2022 Annual Review

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.

Private Passenger Vehicles (PPV)

The AIRB has started its 2022 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, 2022.

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

The Open Meeting will be held through a webinar on August 18, 2022.

Open Meeting - Transcript - PPV

Video Transcript – August 18, 2022

Open Meeting - Presentation Documents - PPV

Oliver Wyman: Preliminary Report – Presentation slides

Facility Association: Written submission – Presentation slides

Insurance Bureau of Canada: Written submission – Presentation slides

Consumer Representative: Submission and survey results – Presentation slides

Aviva Canada Inc.: Written submissionPresentation slides

Alberta Civil Trial Lawyers Association: Written submission – Presentation slides

Desjardins General Insurance Group: Written submissionPresentation slides

Open Meeting - Written Submissions - PPV

Definity Insurance Company: Written Submission

The Co-operators Group Limited: Written Submission

Commercial Vehicles

The AIRB has started its 2022 Annual Review process to analyze industry loss experience for commercial vehicles and to establish industry benchmarks to assess insurance companies’ commercial vehicle rate filings for basic and additional coverage, effective October 1, 2022. The Board is consulting with interested stakeholders as part of its Annual Review.