UK personal injury discount rate increase positive for insurers: AM Best

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Reinsurance News - Dec 09, 2024

AM Best believes the recent changes to the UK’s personal injury discount rate (PIDR), also known as the Ogden Discount Rate, will positively impact the country’s non-life insurers. The UK government announced an increase in the rate from -0.25% to 0.50%, which will become effective from...

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