Analysis: Discount rate decision casts a shadow over personal injury settlements
The personal injury discount rate will be set at minus 0.25% from 5 August providing certainty for insurers and claimants alike, but uncertainty created by the Ministry of Justice review behind the new rate could have left claimants – as well as insurers – worse off.
Then Lord Chancellor David Gauke’s 15 July announcement that the discount rate would be set at minus 0.25%, and not somewhere in the anticipated range of 0% to 1% was met with a torrid reception by
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