Discount rate cut 'will push up motor premiums by 7%'

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The cut to the Ogden discount rate will push up motor premiums by 7% by January 2018, according to analysis by ERS.

Research from ERS suggests car insurance premiums rise by up to 29% by January 2018, ERS with the main factor of the premium rise being the change to the Ogden discount rate.

The research formed part

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