Concerns mount over periodical payment orders

General insurers embrace capital modelling and revised ALM strategies


UK general insurers are being urged to get to grips with the impact that growing numbers of periodical payment orders (PPOs) will have on their reserves and asset liability matching frameworks.

PPOs are large motor and/or liability claims that are paid out in annual increments for the duration of the claimant's life, similar to an annuity. The amount payable depends on the severity of the injury and resulting care needed by the claimant, with cashflows indexed to the Annual Survey of Hours and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here