Ogden discount rate change will trigger hikes to reinsurance pricing


Insurers exposed to UK liability business face big hikes in their reinsurance pricing and continued uncertainty as a result of recent changes made to the personal injury discount rate in the UK despite many having already reported sizable one-off reserve charges in recent result, according to AM Best.

AM Best, Ogden, Discount rate, Reinsurance, Catherine Thomas, Yvette Essen, UK

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