Motor Accidents Insurance Board MAIB - 2021 MAIB Pricing Policies Investigation
The current Economic Regulator (MAIB Premiums) Order 2017 is due to expire on 30 November 2021.
Request and Terms of Reference
On 9 December 2020, the Minister for Finance requested that the Regulator investigate the pricing policies of the MAIB. The requirement to investigate included the following:
Ministerial requirement (353Kb)
Terms of Reference (123Kb)
The Regulator will take a similar approach to that utilised in previous investigations. This includes analysing the MAIB's preliminary 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 made on the draft report.
|Requirement and Terms of Reference received from Minister for Finance and Minister for Infrastructure and Transport||9 December 2020|
|MAIB lodges its Preliminary Submission||22 February 2021|
|Consultation on the MAIB's Preliminary Submission and the Terms of Reference||March 2021|
|Regulator's Draft Report and actuarial consultant's Report released for consultation ||April 2021|
|Regulator releases its Final Report||July 2021|