30-03-2017 17:45 via insuranceinsider.com

UK government opens Ogden consultation

The UK government has opened a six-week consultation on the reform
of the Ogden discount rate for personal injury compensation.
It also said it would review any changes made between three and
five years of a new regime becoming law.
The Justice Ministry is conducting the consultation in
conjunction with the Scottish government.
Its launch comes just over a month after Lord Chancellor Liz
Truss shocked insurers by slashing the discount rate by 3.25
percentage points to minus 0.75 percent,...
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