This file contains ultimate claims data taken from the private motor National Claims Iinformation Database (NCID). The claims are grouped together by accident year, the year in which the accident occurred.

Not all claims are paid in the lifetime of the policy. Some claims, injury claims in particular, can take many years to be settled and be fully paid. Insurers estimate the cost/number of claims expected for a particular accident year, and this known as the ultimate cost/number of claims. The ultimate cost/number of claims is recalculated regularly, based on the most up-to-date information available. The more time that has passed since the accident year, the more certain the ultimate cost of claims becomes. To view the detailed NCID report kindly refer to the Central Bank publication link in the Landing Page section under Additional Info.