15 top insurance CEOs to meet Chancellor today over discount rate cut
The CEOs of 15 of the UK’s biggest motor and commercial liability insurers will today meet Chancellor Philip Hammond to urge an intervention on the government's decision to slash the Ogden discount rate.
The announcement by Lord Chancellor Liz Truss that the discount rate would be cut from 2.5% to negative 0.75% caused insurers' share prices to tumble yesterday, with industry experts predicting an
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