Foil’s Allchorne on what’s next for the PI discount rate
Trade Voice: Pete Allchorne, president of the Forum of Insurance Lawyers and partner at DAC Beachcroft, explores the potential ramifications of this year’s personal injury discount rate review.
The Personal injury discount rate must be reviewed in England and Wales every five years, so the next review must begin by 15 July 2024. There is a huge amount of preparatory work already in train.
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