For Industry

Industry Benchmarks

The AIRB's Industry Benchmarks have been developed to support insurance companies when preparing rate filings.

The AIRB expects insurers to use their data in rate filings to the extent possible, reflecting their mix of business and unique circumstances.

Insurance companies may use the AIRB Industry Benchmarks when they do not have sufficient data or cannot support their assumptions' reasonableness.

The AIRB and its consulting actuary use the Industry Benchmarks as a reference when reviewing individual insurance companies' filings and opining on the assumptions' reasonableness. The insurer's data must support assumptions that vary significantly from industry experience.

Each year on April 1 and October 1, industry benchmarks for private passenger vehicles are updated following the Semi-Annual Review process required by the AIRB’s Review of Automobile Insurance Trends and Premiums policy and Section 9 of the Automobile Insurance Premiums Regulation.

Each year, on October 1, industry benchmarks for commercial vehicles are updated.

Private Passenger Industry Benchmarks

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02-2022 Industry Benchmarks Schedule

Effective: October 1, 2022

Background: 2022 Annual Review

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01-2022 Industry Benchmarks Schedule

Effective: April 1, 2022

Background: 2022 Semi-Annual Review

 

Archive

pdf

02-2021 Industry Benchmarks Schedule

Effective: October 1, 2021

Background: 2021 Annual Review

pdf

01-2021 Industry Benchmarks Schedule

Effective: April 1, 2021

Background: 2021 Semi-Annual Review

 

pdf

02-2020 Industry Benchmarks Schedule

Effective: October 1, 2020

Background: 2020 Annual Review

 

pdf

01-2020 Industry Benchmarks Schedule

Effective: April 1, 2020

Background: 2020 Semi-Annual Review

 

pdf

02-2019 Industry Benchmarks Schedule

Effective: October 1, 2019

Background: 2019 Annual Review

 

pdf

01-2019 Industry Benchmarks Schedule

Effective: April 1, 2019

Background: 2019 Semi-Annual Review

 

pdf

02-2018 Industry Benchmarks Schedule

Effective: October 1, 2018

Background: 2018 Annual Review

 

pdf

01-2018 Industry Benchmarks Schedule

Effective: April 1, 2018

Background: 2018 Semi-Annual Review

 

pdf

02-2017 Industry Benchmarks Schedule

Effective: October 1, 2017

Background: 2017 Annual Review

 

pdf

01-2017 Industry Benchmarks Schedule

Effective: April 1, 2017

Background: 2017 Semi-Annual Review

 

pdf

02-2016 Industry Benchmarks Schedule

Effective: October 1, 2016

Background: 2016 Annual Review

 

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01-2016 Industry Benchmarks Schedule

Effective: April 1, 2016

Background: 2016 Semi-Annual Review

 

pdf

02-2015 Industry Benchmarks Schedule

Effective: October 1, 2015

Background: 2015 Annual Review

 

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01-2015 Industry Benchmarks Schedule

Effective: April 1, 2015

Background: 2015 Semi-Annual Review

 

pdf

01-2014 Industry Benchmarks Schedule

Effective: October 1, 2014

Background: 2014 Annual Review

 

Commercial Industry Benchmarks

pdf

2022 Commercial Industry Benchmarks Schedule

Effective: October 1, 2022

Background: 2022 Annual Review

 

Archive

pdf

2021 Commercial Industry Benchmarks Schedule

Effective: October 1, 2021

Background: 2021 Annual Review

pdf

2020 Commercial Industry Benchmarks Schedule

Effective: October 1, 2020

Background: 2020 Annual Review

 

pdf

2019 Commercial Industry Benchmarks Schedule

Effective: October 1, 2019

Background: 2019 Annual Review

 

pdf

2018 Commercial Industry Benchmarks Schedule

Effective: October 1, 2018

Background: 2018 Annual Review

 

pdf

2017 Commercial Industry Benchmarks Schedule

Effective: October 1, 2017

Background: 2017 Annual Review

 

pdf

2016 Commercial Industry Benchmarks Schedule

Effective: October 1, 2016

Background: 2016 Annual Review

 

pdf

2015 Commercial Industry Benchmarks Schedule

Effective: October 1, 2015

Background: 2015 Annual Review