ABI calls for dual rate for personal injury payments in Ogden rethink
The Association of British Insurers has suggested changes to the way the personal injury discount rate is set, calling for a dual-rate system for calculating lump sum payments in personal injury claims.
Changes proposed include moving away from reliance on any one investment option, a preference for a dual rate framework, and setting up a panel of experts to provide advice on setting the rate.
In
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