Willis warns on motor reinsurers’ reserve charge from potential UK discount rate change


A planned revision of the Ogden discount rate from 2.5 percent to negative 0.5 percent would particularly affect UK motor reinsurers as they would likely experience a material one-off reserve charge of approximately £4.9 billion, according to analysis by Willis Towers Watson.

Motor, Reinsurance, Insurance, Willis Towers Watson, UK, Ogden, Regulation, Stephen Jones, Andy Staudt

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