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The GIROJ has revised the Reference Loss Cost Rates for Voluntary Automobile Insurance

Release Date: January 24, 2017

On November 24, 2016, the General Insurance Rating Organization of Japan (GIROJ) filed the revision of the Reference Loss Cost Rates for voluntary automobile insurance with the Commissioner of the Financial Services Agency, and on December 9 of the same year, it was notified the results of the conformance examination.

Please click the links listed below to learn the main points of the revision.

Announcement on Revision of Reference Loss Cost Rates for Voluntary Automobile Insurance [ 511KB ]

(Reference) Outline of Model-Based Group Rating System for Voluntary Automobile Insurance
        (for policies commencing on and before December 31, 2019) [ 496KB ]