The Financial Services Regulatory Authority of Ontario is consulting on its draft annual review of private passenger automobile insurance, which provides industry cost and trend data to inform insurers’ future rate-setting. The report covers data through Dec. 31, 2025. The review tracks 10-year changes in insured vehicle numbers, average premiums and loss costs per vehicle, alongside insurers’ expenses, investment income returns and profits. It also includes estimated losses and claim counts and loss trends by coverage. The authority conducts the review annually and updates benchmarks twice a year to support rate filing assessments.
2026-08-31Financial Services Regulatory Authority of Ontario
Financial Services Regulatory Authority of Ontario consults on draft annual private passenger auto insurance review
The Financial Services Regulatory Authority of Ontario is consulting on its draft annual review of private passenger automobile insurance, based on data through Dec. 31, 2025. The report covers premiums, losses, claims, expenses and insurer profitability to help inform future rates and rate filing reviews.