The AIRB conducts a semi-annual review to establish industry benchmarks and assess insurance companies’ rate filings for private passenger vehicles (PPV).
Note: Industry benchmarks can also be found here.
Bulletin 03-2023: Industry Private Passenger Vehicle Benchmark Schedule
Oliver Wyman Semi-Annual Review Final Report as of June 30, 2022
Notice 02-2023: Semi-Annual Review of Industry Experience as of June 2022 for Private Passenger Vehicles
Facility Association: Written Submission
Insurance Bureau of Canada: Written Submission