ABI holds cross-sector roundtable on discount rate

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Representatives were present from the Confederation of British Industry, British Insurance Brokers’ Association, London Market Association, International Underwriting Association, medical defence organisations, and representatives from the transport sector. James Dalton, ABI’s director of general insurance policy, who chaired the roundtable meeting, said: “We may now be in a period of political uncertainty, but one thing remains certain, reform of the outdated discount rate formula must be a