§ Mr. DismoreTo ask the Parliamentary Secretary, Lord Chancellor's Department what consultations he had prior to the setting of the rate of return under section 1 of the Damages Act 1996 with(a) the Government Actuary, (b) the Treasury, (c) organisations representing claimants and (d) organisations representing insurers; and if he will make a statement. [2837]
§ Mr. WillsThe Treasury and the Government Actuary were consulted in accordance with section 1(4) of the Damages Act 1996.
Of the other responses to the Consultation Paper, "Damages: The Discount Rate and Alternatives to Lump Sum Payments", three were received from organisations representing claimants: the Personal Injury Bar Association, the TUC, and the Association of Personal Injury Lawyers. One was received from an organisation representing insurers: the Association of British Insurers; and one from an organisation representing insurance lawyers: the Forum of Insurance Lawyers.
Of the remaining 77 responses, some were from insurers and it is likely that many were from organisations or individuals who normally represent claimants or insurers. But as the Consultation Paper did not seek this information, it is not possible to provide a complete breakdown.