Association of Personal Injury Lawyers
A not-for-profit organisation representing injured people

Discount rate reduction from 2.5% to -0.75% for personal injury claims: Statement from the Association of Personal Injury Lawyers (APIL)

27 Feb 2017
APIL news

Discount rate reduction from 2.5% to -0.75% for personal injury claims Statement from the Association of Personal Injury Lawyers (APIL)

People who suffer severe life-changing injuries can now be assured that the compensation needed to look after them is calculated correctly and is sufficient to provide care for the rest of their lives. It is what they need and deserve and APIL welcomes this recognition from the Lord Chancellor.

But we must also note that this change is long overdue. People already coping with the most severe injuries have been deprived of the help and care they need for years. Meanwhile insurance companies, which have saved millions of pounds in unpaid compensation, have been aware that a decision to change the discount rate has been on the cards for six years, since APIL first began judicial review proceedings on the issue. They have had plenty of time to prepare for this change and the fact that many are now saying premiums will have to rise to cover the cost simply beggars belief.

We hope this decision marks a long overdue turning point towards treating injured people fairly and with understanding. It is not only the right thing to do, it takes the cost of caring for people away from the taxpayer and puts it squarely where it should be – with the person who caused the needless injury.

Past statements and comments

Government announces extension to fixed recoverable costs, 08 Sep 2021
Department of Justice to set the personal injury discount rate in Northern Ireland at -1.75 per cent, 26 Mar 2021
Whiplash reforms delayed from April 2021 to May 2021, 11 Jan 2021
APIL statement following ministerial announcement to delay whiplash reforms until April 2021, 21 Apr 2020
Reactionary statement following inflationary increase to bereavement damages, 20 Mar 2020
Implementation of the whiplash reform programme, 27 Feb 2020
Response to Scottish personal injury discount rate announcement, 30 Sep 2019
Government responds to MedCo consultation - APIL statement, 05 Sep 2019

More past statements

Head of Public Affairs
Lorraine Gwinnutt
0115 943 5400
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Jane Hartwell
0115 943 5416
jane.hartwell@apil.org.uk

Press & Communications Officer
Iman Anthony
0115 943 5431
iman.anthony@apil.org.uk