IBC Presentation

Loss Trend Factors Inflationary pressures remain for Alberta insurers. Insurers should be permitted to reflect real-time CPI data in their rate filings. Examples of Statistics Canada data elements: The value of new and used vehicles, which are directly related to the actual cash value for the one-quarter of vehicles that are considered total loss after a collision; Vehicle parts, accessories and supply costs; • Private passenger vehicle lease costs; • Rental of passenger vehicle costs. 11

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