Concerns mount over periodical payment orders

General insurers embrace capital modelling and revised ALM strategies

abstract-time-brown-hourglass-sand-and-blue-clockfaces

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: