Ogden decision could undermine periodic payments and boost demand for lump sum payouts, warns Unipol’s Sordoni

23-10-2019

Ogden decision could undermine periodic payments and boost demand for lump sum payouts, warns Unipol’s Sordoni

Marco Sordoni, chief executive of UnipolRe

The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO). 


Baden-Baden 2019, Unipol Re, Ogden discount rate, Insurance, Reinsurance, Marco Sordoni, Europe

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