News Brief: Government Adopts Negative Discount Rate

News Brief: Government Adopts Negative Discount Rate

  • Posted by Robert Appleton in
  • March 7, 2017
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Create Date 07/03/2017
Last Updated 07/03/2017

The government lowered the discount rate, the rate used to determine the value of compensation paid out to a personal injury victim, from 2.5 per cent to -0.75 per cent. Learn about this controversial announcement and how it could potentially make your liability and motor premiums skyrocket.

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I'm sending you this note to personally thank you and your firm for a continuing level of excellence in handling our insurance matters, and in particular, always striving to keep the costs at a reasonable level. In today's competitive environment, saving money wherever possible is a necessity, and when achieved, should be recognised - CP Manufacturing Europe Limited

CP Manufacturing Europe Limited 02/03/2016