Industry hopes for swift Ogden rethink

Insurers are hoping for a short stay in negative discount rate
purgatory as a consultation with Chancellor of the Exchequer Philip
Hammond gets underway.
While the consultation will consider how the rate will be set in
future, that hasn't killed hopes of a last-minute reprieve from
the rate cut.
Hiscox Insurance CEO Steve Langan said: "We are cautiously
optimistic that they will actually backtrack on the Ministry of
Justice announcement."
Others are hopeful of a speedy change to the rate-setting