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.
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
Director of Policy & Government Affairs
Forensic Accounting Director
Solicitor/Catastrophic Injury and Large Loss Manager