Daily Digest: UK reviews personal injury discount rate, PRA updates 2025 stress test, TMK launches carbon cover

Catch up on the essential news and analysis from the Insurance Day experts

Personal injury discount rate review 'risks claims and reinsurance disruption' The UK government’s review of the personal injury discount rate in England and Wales will create “some disruption and uncertainty” for insurers and impact reinsurance renewals, a senior legal expert has warned. The lord chancellor, Shabana Mahmood, today announced the commencement of a formal review of the personal injury discount rate for England and Wales. The discount rate is a key part of calculating compensation for claimants’ future financial needs and therefore the payments insurers and compensators will make.