Motor Accidents Insurance Board - Pricing Policies Investigation

​​Request and Terms of Reference 

​​​On 6 December 2024, the Treasurer requested that the Regulator investigate the pricing policies of MAIB. The requirement to investigate included the following: 

 Ministerial requirement (PDF 57Kb)

 Terms of Reference (PDF 410Kb)

The Regulator intends to take a similar approach to that used in previous investigations. This includes analysing MAIB's submission, engaging the services of an actuarial consultant to assist with the investigation, releasing a draft report for comment and then a final report having considered submissions received from interested parties on the Regulator's draft report. ​


​​Investigation timetable

Description
​Dates
​Requirement and Terms of Reference reeived from the Treasurer and the Minister for Transport
​6 December 2024
​MAIB lodges its Submission
​February 2025
​Consultation on the MAIB's Submission and the Terms of Reference
​March 2025
​Regulator's Draft Report and actuarial consultant's report released for consultation
​May 2025
​Regulator released its Final Report
​July 2025

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