Muted response to Ogden reforms predicted for 1.1

Primary auto carriers, their brokers and reinsurers face a
complex round of January renewal discussions after the UK
government drafted reforms to the Ogden discount rate.
The Justice Ministry's 7 September announcement promised
relief to an industry that has racked up several billion pounds of
losses after the government's 3.25 percentage point cut to the
rate in March this year, and was universally welcomed by market
protagonists.
But while the ministry promised to introduce
legislation to par