 |
|
 |  |  |  |
The expected move by the Lord Chancellor to change the Discount Rate which is used to calculate compensation payments could see insurance premiums increase for millions, the Association of British Insurers warned today. |
Liz Truss has committed to announcing the result of a review into the rate by the end of February. Director General of the ABI, Huw Evans, said: “This is an unnecessary review being carried out using a broken and outdated formula that does not reflect how claimants actually invest the money they receive. Millions of customers could see their premiums increase unnecessarily if Liz Truss continues down this path.” The discount rate is a figure used to calculate lump sum payments for people who suffer a severe personal injury, taking into account what return they are likely to receive when the sum is invested. It has been set at 2.5% since 2001. Find out more about the Discount Rate here. |
|
|
|
| Take the lead on capital oversight | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Be at the forefront of creative GI co... | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Remote Market and Credit Risk Calibra... | ||
| Remote - Negotiable | ||
| Contact us about a Capital Contract i... | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Head of Insurance Risk | ||
| London - £160,000 Per Annum | ||
| Director - Pensions Risk Transfer (PRT) | ||
| London, Midlands, North West - hybrid working 2dpw in the office - Negotiable | ||
| Dip a toe into public sector work wit... | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
| P&C Consultant | ||
| London / hybrid 3dpw office-based - Negotiable | ||
| Take the lead client-facing projects ... | ||
| Various locations - Negotiable | ||
| Choose Life! Choose a major global co... | ||
| Various locations - Negotiable | ||
| Actuarial skillset? Apply now for Snr... | ||
| South East / hybrid with travel requirements - Negotiable | ||
| Financial Risk Leader - ALM Oversight | ||
| Flex / hybrid - Negotiable | ||
| Be the very model of a modern Capital... | ||
| London - Negotiable | ||
| Pensions Actuary seeking a high-impac... | ||
| London or Scotland / hybrid 3dpw office-based - Negotiable | ||
| Great opportunity for Pensions Actuar... | ||
| London or Scotland / hybrid 3dpw office-based - Negotiable | ||
| Responsible Investing Manager - Clima... | ||
| London/Hybrid - Negotiable | ||
| Quant Strategist | ||
| London/Hybrid - Negotiable | ||
| Play a vital role in shaping a new He... | ||
| London or Scotland / hybrid 50/50 - Negotiable | ||
| Support the Longevity team of a globa... | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Delve into financial risk within a ma... | ||
| Wales / South West / hybrid 1dpw office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2026 Actuarial Post. Created by Zero-One Design Ltd
