UK Insurers’ Reserve Strengthening Likely After Personal Injury Discount Rate Change: A.M. Best

The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government’s announcement of a dramatic cut to the discount rate used to calculate lump-sum personal injury compensation, according to A.M. Best. Motor insurers and reinsurers …
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UK Insurers’ Reserve Strengthening Likely After Personal Injury Discount Rate Change: A.M. Best was originally posted by Insurance Super Feed