Dramatic Reduction of Personal Injury Discount Rate
The Ogden Discount Rate
In our latest brief Thomas Carroll Brokers discuss the Lord Chancellors decision to dramatically reduce the personal injury discount rate (the Ogden Rate) from 2.5% to minus 0.75%. The change will become effective on 20 March 2017 and will apply to all current claims as well as new incidents.
This is one of the most significant changes facing our industry in some time and will undoubtedly have a substantial impact to you and/or your business.
For further information please contact Thomas Carroll Brokers via email or call 029 2088 7733