 |
|
 |  |  |  |
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 Director General of the ABI, Huw Evans, said: “This is an unnecessary review being carried out using a broken and outdated formula that does not reflect how claimants actually invest the money they receive.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. |
|
|
|
| Senior Pensions Trustee Actuarial Con... | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Shape the future of the pensions in... | ||
| UK Flex / hybrid 2dpw office-based - Negotiable | ||
| Challenge the pensions industry! | ||
| UK Flex / hybrid 2dpw office-based - Negotiable | ||
| Actuarial Pricing Manager - Non-life | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Senior Pricing Actuary | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| GI Actuarial Senior Manager | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| BPA Implementation Manager | ||
| North / hybrid working 50/50 - Negotiable | ||
| Head of Reserving | ||
| City of London - £150,000 Per Annum | ||
| PRT or BPA Specialist | ||
| Nationwide offices / hybrid working - Negotiable | ||
| Retirement Consultant | ||
| UK-wide / hybrid 2 dpw office-based - Negotiable | ||
| GI Associate Actuarial Director | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| GI Actuarial Senior Manager | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Actuarial Manager - GI/Risk | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Insurance Risk Manager | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Financial Risk Leader - ALM Oversight | ||
| Flex / hybrid - Negotiable | ||
| Financial Risk Leader | ||
| Flex / hybrid - Negotiable | ||
| Take the lead on actuarial financial ... | ||
| Flex / hybrid - Negotiable | ||
| With-Profits and Investment Risk Expert | ||
| Flex / hybrid - Negotiable | ||
| Reinsurance Actuary | ||
| London/Hybrid - Negotiable | ||
| CONTRACT (12 months): Underwriter | ||
| Fully remote - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
