Personal Injury Discount Rate Hub
Our Casualty team continues to monitor activity relating to the Personal Injury Discount Rate (PIDR)
The Lord Chancellor announced that following the review of the rate required by the Civil Liability Act 2018, she has decided to increase it to +0.5%. The decision to set the rate at +0.5% means that the rates in force across all of the UK are the same, with this rate also having been set in Scotland and Northern Ireland in late September. The last time the same rate applied throughout the UK was nearly eight years ago, in early 2017.
We’ve produced a comprehensive series of content, including articles, podcasts and webinars that delve into key factors related to the PIDR. By addressing critical aspects, we aim to keep our clients informed and prepared for any changes resulting from the reviews.
Latest Quick Reads
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Discover our PIDR Model Analysis Tool which provides a brief narrative and analysis of the potential models, and a clear explanation of how each model might be calculated.
Podcasts
The Personal Injury Discount Rate: Single or multiple rates?
Personal Injury Discount Rate: Scotland and Northern Ireland developments
A view from the Bar: Personal Injury Discount Rate
Casualty Market Update: PIDR, JCG, OICP and FRCs - a podcast of acronyms
Alistair Kinley
Director of Policy & Government Affairs
Andrew Hibbert
Partner
Chris Murray
Partner
Stuart Hardy
Partner
Alexandra Payne
Partner
Paul Widger
Head of Forensic Accounting
Mike Dobson
Partner
Kate Mikolajewski
Solicitor/Catastrophic Injury and Large Loss Manager