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...
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