PPO demand to put off 'silver bullet' investment in insurance
General insurers will not get the 'silver bullet' investment needed to offset potential liabilities from the growing number of periodical payment order settlements in the UK as typical lump sum claimants are increasingly seeking PPOs.
Towers Watson said in a new research paper that claimants who typically require lifetime care due to a serious bodily injury have been able to opt for a PPO since 2005, comprising a reduced lump sum
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