MoJ announces new proposed Discount Rate framework - our response

RSA Group

Date:

Following the Ministry of Justice's announcement this morning of a new proposed personal injury discount rate framework, RSA has issued the following response:

“We welcome the proposed reforms, which much better reflect the realities of how claimants invest their compensation payments today, and provide a means to continue to review the situation over time. If passed, the benefits will be felt by all our customers, helping to stop the rot of steep rises in premiums, which are having a disproportionate impact on costs for motorists, businesses and the NHS.”

Stephen Hester, RSA Group Chief Executive.

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