Insurance sector faces 'serious consequences' as Northern Ireland sets its discount rate at minus 1.5%
Industry experts have warned the insurance market could face "serious consequences" after the Northern Irish Government Actuary changed the personal injury discount rate to minus 1.5% from minus 1.75%.
It had been expected that the new discount rate would move to minus 0.75% following the model used by Scotland.
However, in a letter to stakeholders dated 21 March, Laurene McAlpine, deputy director
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