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Posts from April, 2017

Negative Discount Rate could increase premiums for hauliers

At the end of February the Lord Chancellor Elizabeth Truss announced a major change in calculating compensation payments for personal injury awards, known as the Ogden rate formula. The discount (or interest) rate used to calculate award payouts has been cut from 2.5% to -0.75%, reflecting the fall in inflation-linked government bonds since 2001, when […]

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