Ogden rate set to reach 0.5% in January 2025 following review
Reinsurance News - Dec 02, 2024
The Rt Hon Shabana Mahmood MP, Lord Chancellor, has announced today that the Personal Injury Discount (Ogden) Rate will increase to 0.5%, effective from 11 January 2025. For those unaware, the Ogden rate is a figure which courts must consider when awarding compensation for financial losses in the fo...
Recommended Articles
Posted: Apr 22, 2025
Industry giant Swiss Re has appointed Helvetia’s Bernhard Kaufmann to succeed Patrick Raaflaub...
Posted: Apr 22, 2025
The “gradual easing of the hard market” in 2024 led to an improvement for reinsurers, though less pr...
Posted: Apr 22, 2025
DUAL North America has announced it is strengthening its flood insurance leadership with the appoint...