September
Articles matching "discount rate"
Scotland Discount Rate stays at -0.75%
The Government Actuary has this morning published his report recommending that the Scottish Discount rate remain at -0.75%. The report along with his recommendations was sent to Scottish Ministers…
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In a month dominated by Discount Rate news, monthly Portal data trends remain remarkably stable
The Claims Portal data for June 2019 has now been released with the strapline being, 'steady as she goes'. RTA new claims continue to drop off very slightly with consistent casualty numbers also.
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Discount Rate: Lord Chancellor sets rate at minus 0.25%
The Lord Chancellor has today announced the outcome of the first discount rate review under the new methodology provided for in the Civil Liability Act 2018.
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Scotland Discount Rate
It will now be the job of the UK Government Actuary's Department (GAD) to recommend a new Scottish Discount Rate for Scotland. The GAD must report to Scottish Ministers with its recommendations for…
Read moreDiscount Rate Scotland
On Tuesday afternoon the Damages (Investment Returns and Periodical Payments) (Scotland) Bill was approved by the Scottish Parliament. The Bill is now an Act of the Scottish Parliament and is likely…
Read moreScotland Discount Rate
This week the Damages (Investment Returns and Periodical Payments) (Scotland) Bill last night received the support of the Scottish Parliament and will now proceed to Stage 2 where amendments can be…
Read moreCivil Liability Bill completes its parliamentary progress as attention turns towards the new claims landscape
Yesterday saw the amendments made to the Civil Liability Bill in the House of Commons agreed to by the House of Lords so that it has now completed its parliamentary process and awaits Royal Assent. It…
Read moreThe Discount Rate: The Channel Islands lead again
Is 26 October 2018 the date when personal injury practitioners and insurers finally marked a rebalancing of the debate on discount rates that has been rumbling on for far too long?
Read moreCivil Liability Bill passes the Lords and is off to the Commons with only limited changes
The Civil Liability Bill received its Third Reading yesterday and is now off to the Commons. At the Bill’s Report Stage earlier this month Lord Beecham, the opposition justice spokesman predicted that…
Read moreDiscount Rate New proposals for setting the rate in Scotland
We now have the Scottish Government's proposals for taking forward reform of the discount rate in Scotland, in the form of a new Bill, as well as supporting material including a Policy Memorandum…
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