Ogden 6—are they making a difference in assessing PI claims? asks Joe McManus
The Ogden Tables are designed to assist in the more accurate calculation of future loss in personal injury claims. The sixth edition of the Ogden Tables (Ogden 6) published in May 2008 introduces some signifi cant changes, particularly as regards the calculation of contingencies other than mortality.
Ogden 6 confirms that we are all living a little longer; however, it is in respect of the changes for residual loss of earnings that the biggest change has taken place.
Under the old tables, the determining factors in calculating the discount to apply to multipliers were: occupation; economic activity; and geographical locations. These have been replaced and Ogden 6 discounts are now based on educational achievement, employment status and whether or not someone is disabled. (Table B in the sixth edition sets out the discounts which apply to disabled people up to the age of 54).
Ogden 6 confirms that we are all living a little longer; however, it is in respect of
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