....The insurance industry was shocked in February when the government announced a major change to the formula that governs the value of payments made to people who have suffered long-term injuries. That cut the so-called discount rate, which helps to calculate the lump sums that insurers pay to victims so that they can, in turn, generate a steady income
flow for the rest of their lives. ...
[Read full article on BBC
Thursday 20th of April 2017 11:06:56 PM