Identity area
Reference code
UGA A/A44/43/1/20/12/16
Title
Ogden tables for calculation of loss of earnings for pecuniary damages
Date(s)
- 1996/09 (Creation)
Level of description
Item
Extent and medium
16pp
Context area
Repository
Archival history
Immediate source of acquisition or transfer
Content and structure area
Scope and content
Excerpt of a September 1996 printing quoting the second edition of the Ogden Tables, which were published in November 1993 by Sir Michael Ogden to assist in calculating lump sum compensation for future losses in United Kingdom personal injury and fatal accident cases. The tables are used by lawyers and actuaries to calculate lump sum damages by multiplying the present value of a future annual loss by a specific multiplier. This takes into account factors like life expectancy, mortality risks, and a discount for accelerated receipt. The Boyle/Hampson team frequently referred to these table when calculating their clients' claims.
Appraisal, destruction and scheduling
Accruals
System of arrangement
Conditions of access and use area
Conditions governing access
Conditions governing reproduction
Language of material
English