14-08-2017 14:29 via insuranceinsider.com

Opinion: Ogden appeal

The chaos unleashed by the UK government's decision to alter
the Ogden discount rate in February has continued this week, as
another round of earnings results has laid bare the impact on
(re)insurers.
Far beyond the obvious bearing it has on the UK motor market -
such as specialist motor syndicate ERS, whichreported a trading loss of £13.0mn ($16.9mn) for H1 2017
last week - the change to how compensation for personal injury
claims is calculated has had far...
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