Ogden Discount Rate Working Party
The Ogden Discount Rate Working Party investigates key issues relating to the Ogden discount rate and its effects on the UK (re)insurance industry. 


Key objectives 

considering issues and methodologies actuaries may need to allow for in respect of the core actuarial disciplines: this will include reserving, pricing, capital, and reinsurance 

considering and understanding the uncertainties and sensitivities associated with the assumptions underpinning the methodology used to advise on the setting of the discount rate

supporting transparency by reporting on findings in a way that is not intended to influence the future setting of the personal injury discount rate 

developing a framework for estimating a forward-looking view of the Ogden discount rate 


Chair: Mohammad Khan 

Established: 2020

Published content:

  • Ogden Working Party GIRO 2023 Slides
  • Ogden Working Party GIRO 2023 Slides
  • Ministry of Justice Dual Rate Consultation Paper 2021

personal injury discount rate