Personal Injury Discount Rate Hub

Our Casualty team continues to monitor activity relating to the Personal Injury Discount Rate (PIDR)

On 3rd November 2022 the Ministry of Justice (MoJ) confirmed it will commence a ‘call for evidence’ of the pros and cons of dual or multiple discount rates for calculating future losses in serious personal injury claims in England & Wales. A response to the 'call for evidence' was published on 11th September 2023.

Our team have held a series of webinars where our experts address issues arising in dual and multiple rate models and consider how they might play out in practice, particularly in relation to claims handling. We have also produced podcasts and insights addressing the aspects (and others) of the call for evidence in more detail.

Our PIDR Model Analysis Tool provides brief narrative explanations and analysis of the potential models, and a clear explanation of how each model might be calculated.