NHS Resolution :@0.116465:0.056159:0.216477:0.056159:0.216477:0.047246:0.116465:0.047246:0.009566:0.009324:0.006892:0.004864:0.008558:0.007268:0.005576:0.007981:0.003816:0.007766:0.005226:0.003587:0.007981:0.007900:0.003708
Annual report and accounts 2021/22:@0.287764:0.056159:0.513287:0.056159:0.513287:0.047246:0.287764:0.047246:0.009230:0.008142:0.008061:0.008142:0.007215:0.003520:0.005629:0.004958:0.007309:0.008222:0.008236:0.004864:0.004555:0.005011:0.006839:0.007604:0.007725:0.005213:0.006839:0.006422:0.006382:0.008061:0.007806:0.007604:0.004743:0.005697:0.004460:0.006879:0.006973:0.006879:0.006973:0.005038:0.007053:0.007242
The following are key areas of uncertainty:@0.095894:0.103397:0.463146:0.103397:0.463146:0.092256:0.095894:0.092256:0.010580:0.010832:0.009657:0.005626:0.007053:0.011252:0.005290:0.005290:0.011336:0.014779:0.005290:0.011252:0.011504:0.006886:0.009573:0.007053:0.009573:0.006802:0.009992:0.009741:0.009741:0.006046:0.009825:0.007221:0.009825:0.009825:0.007977:0.006046:0.010916:0.006886:0.006382:0.011084:0.011000:0.008733:0.009825:0.007305:0.007137:0.009741:0.005206:0.011000:0.007137:0.009035
in the estimation of the claims provision:@0.096734:0.118541:0.443194:0.118541:0.443194:0.107400:0.096734:0.107400:0.004534:0.009573:0.006466:0.007137:0.011084:0.009992:0.006046:0.009741:0.007977:0.007053:0.005206:0.016626:0.009825:0.007053:0.005038:0.011168:0.011000:0.006802:0.010916:0.006886:0.005626:0.007053:0.010916:0.009825:0.006466:0.008649:0.005038:0.009573:0.005038:0.016290:0.007809:0.006466:0.011084:0.007221:0.010832:0.009573:0.005038:0.007809:0.005038:0.010832:0.010160
•  The number of clinical claims reported to NHS:@0.096734:0.141050:0.480326:0.141050:0.480326:0.129909:0.096734:0.129909:0.006466:0.004635:0.011907:0.009489:0.009908:0.008817:0.006046:0.009908:0.009992:0.015115:0.010412:0.008733:0.006684:0.004400:0.010261:0.006701:0.004635:0.007792:0.004534:0.004770:0.009589:0.004770:0.007490:0.008649:0.004770:0.005475:0.007893:0.004770:0.008582:0.004770:0.014796:0.007137:0.006046:0.006684:0.008683:0.010076:0.009908:0.006466:0.006298:0.008733:0.010076:0.005626:0.006298:0.009825:0.006466:0.011756:0.011336:0.009421
 :@0.479217:0.141050:0.483819:0.141050:0.483819:0.129909:0.479217:0.129909:0.004602
Resolution and lag patterns: :@0.120497:0.156134:0.346393:0.156134:0.346393:0.144992:0.120497:0.144992:0.010748:0.008901:0.007137:0.009908:0.004770:0.009673:0.006533:0.004467:0.009908:0.009825:0.006382:0.008649:0.009657:0.009908:0.006466:0.004450:0.008397:0.009741:0.006466:0.010412:0.008733:0.006533:0.006315:0.009086:0.006449:0.009992:0.007389:0.004366:0.004635
The number of claims :@0.347468:0.156009:0.505751:0.156009:0.505751:0.145425:0.347468:0.145425:0.008360:0.008775:0.008344:0.006350:0.009030:0.009030:0.013737:0.009094:0.008344:0.005552:0.005249:0.009349:0.004754:0.005632:0.007371:0.003542:0.007802:0.003861:0.013178:0.006557:0.004371
reported to NHS  Resolution's long-established schemes :@0.120497:0.171688:0.514696:0.171688:0.514696:0.161103:0.120497:0.161103:0.005297:0.007977:0.009062:0.008982:0.005297:0.005201:0.007977:0.009062:0.006047:0.005409:0.009126:0.006047:0.010913:0.010322:0.007722:0.004371:0.002521:0.009238:0.008057:0.006557:0.008982:0.003861:0.008647:0.005409:0.003654:0.008982:0.008727:0.003669:0.006414:0.006047:0.003861:0.009078:0.008823:0.009158:0.006382:0.007977:0.006765:0.005073:0.008121:0.008918:0.003861:0.003861:0.006461:0.008823:0.008153:0.009158:0.006461:0.006765:0.007084:0.009030:0.008009:0.013513:0.008153:0.006765:0.004371
has reduced over the last couple of years since the :@0.120497:0.187070:0.482804:0.187070:0.482804:0.176485:0.120497:0.176485:0.008727:0.007722:0.006557:0.005632:0.005377:0.008057:0.009062:0.008823:0.007132:0.008057:0.009062:0.006461:0.008982:0.007387:0.008057:0.005377:0.005297:0.005409:0.009030:0.008153:0.006047:0.003861:0.007562:0.006382:0.005121:0.005632:0.007371:0.008998:0.009030:0.009030:0.003861:0.008057:0.006047:0.009349:0.004754:0.004371:0.007722:0.008344:0.008121:0.005552:0.006765:0.005472:0.006557:0.003861:0.008647:0.007132:0.008057:0.005712:0.005409:0.008695:0.008057:0.004371
peak in 2013/14,  excluding claims reported  under the :@0.120497:0.202452:0.507006:0.202452:0.507006:0.191867:0.120497:0.191867:0.009381:0.007993:0.008121:0.007578:0.006047:0.003271:0.007562:0.006461:0.008903:0.008982:0.008903:0.008903:0.006222:0.008982:0.008903:0.003462:0.004371:0.002489:0.008057:0.007323:0.007036:0.003861:0.008823:0.009397:0.003622:0.008823:0.009397:0.006222:0.007371:0.003861:0.007834:0.003861:0.013513:0.006765:0.005999:0.005297:0.007977:0.009062:0.008982:0.005297:0.005201:0.007977:0.009062:0.004371:0.002425:0.009030:0.008775:0.009397:0.008073:0.005552:0.005201:0.005409:0.008695:0.008057:0.004371
Early Notification Scheme.  Nonetheless, there remains :@0.120917:0.217893:0.507921:0.217893:0.507921:0.207308:0.120917:0.207308:0.007642:0.007802:0.005297:0.003861:0.007227:0.005632:0.011679:0.009158:0.005409:0.003861:0.004754:0.003861:0.007132:0.008121:0.005153:0.003861:0.009158:0.009030:0.006334:0.008472:0.007371:0.009030:0.008344:0.013465:0.008344:0.003462:0.004371:0.002792:0.011934:0.009062:0.009030:0.008009:0.005409:0.008775:0.008344:0.003669:0.008153:0.006765:0.006589:0.003462:0.006366:0.005409:0.009030:0.008153:0.005552:0.008137:0.006047:0.005377:0.008057:0.013434:0.008121:0.003638:0.008727:0.006765:0.004371
considerable uncertainty when  projecting claim :@0.120077:0.233275:0.459825:0.233275:0.459825:0.222690:0.120077:0.222690:0.007371:0.009174:0.009030:0.006589:0.003861:0.009397:0.008073:0.005552:0.008121:0.009174:0.003861:0.008153:0.006047:0.009030:0.009030:0.007546:0.008344:0.005552:0.005409:0.008121:0.003861:0.009269:0.005409:0.007722:0.004371:0.012061:0.009317:0.008567:0.009317:0.004371:0.002425:0.009381:0.005233:0.009062:0.003861:0.008057:0.007371:0.005137:0.003861:0.008647:0.009158:0.006047:0.007132:0.003861:0.007562:0.003861:0.013019:0.004371
numbers in the future, due to the changing claims :@0.120497:0.248657:0.482820:0.248657:0.482820:0.238072:0.120497:0.238072:0.009030:0.009030:0.013513:0.009381:0.008169:0.005552:0.006765:0.005488:0.003366:0.007897:0.005712:0.005409:0.009030:0.008073:0.005712:0.004994:0.009365:0.005409:0.009285:0.005552:0.008552:0.003462:0.006525:0.009062:0.008647:0.008057:0.005712:0.005409:0.009030:0.004866:0.005409:0.009030:0.008153:0.006047:0.007371:0.008759:0.008121:0.008839:0.009397:0.003861:0.008823:0.009397:0.006382:0.007371:0.003542:0.007802:0.003861:0.013178:0.006557:0.004371
and healthcare environment and resulting  instability in :@0.120077:0.264334:0.510591:0.264334:0.510591:0.253750:0.120077:0.253750:0.007802:0.008647:0.008982:0.006461:0.009030:0.008344:0.007897:0.003861:0.005409:0.009030:0.007371:0.008121:0.005552:0.008344:0.005632:0.008344:0.009206:0.007642:0.003861:0.005552:0.009349:0.009030:0.013737:0.008344:0.009030:0.005409:0.005552:0.007802:0.008647:0.008982:0.006461:0.005552:0.007961:0.006557:0.008727:0.003861:0.005042:0.003861:0.008567:0.009062:0.004371:0.002521:0.003861:0.009030:0.006509:0.005409:0.007865:0.009381:0.003638:0.003861:0.003861:0.005121:0.007722:0.005456:0.003271:0.007642:0.004371
past claim trends. Although we have allowed for the :@0.120497:0.279716:0.498535:0.279716:0.498535:0.269132:0.120497:0.269132:0.009062:0.007802:0.006557:0.005201:0.005201:0.007132:0.003861:0.007722:0.003861:0.013354:0.005632:0.005409:0.005552:0.008344:0.008743:0.009397:0.006765:0.003462:0.005903:0.010291:0.004068:0.005409:0.009206:0.009573:0.009030:0.009700:0.009238:0.005297:0.012349:0.008982:0.006047:0.008823:0.007897:0.007467:0.008057:0.005632:0.008121:0.003861:0.003861:0.009349:0.011535:0.008344:0.009397:0.005983:0.004994:0.009541:0.005552:0.004946:0.005409:0.008695:0.008057:0.004371
assumed impact of Covid-19 reducing the number of :@0.120077:0.295157:0.503747:0.295157:0.503747:0.284573:0.120077:0.284573:0.008121:0.006414:0.006765:0.008679:0.013513:0.008153:0.009397:0.006302:0.003861:0.013737:0.009190:0.008121:0.007371:0.005409:0.005137:0.009349:0.004754:0.005632:0.009876:0.009349:0.007642:0.003861:0.009573:0.006382:0.008599:0.008775:0.006461:0.005297:0.007977:0.009158:0.008823:0.007132:0.003861:0.008647:0.009158:0.005632:0.005409:0.009206:0.008344:0.006095:0.009030:0.009030:0.013737:0.009094:0.008344:0.005552:0.005249:0.009349:0.004754:0.004371
claims we are likely to receive from activity in 2020/21, :@0.120077:0.310599:0.513016:0.310599:0.513016:0.300014:0.120077:0.300014:0.007371:0.003622:0.007897:0.003861:0.013354:0.006765:0.004738:0.012173:0.008727:0.006047:0.007802:0.005297:0.007897:0.006047:0.003861:0.003606:0.007722:0.008153:0.003861:0.007483:0.004786:0.005409:0.009126:0.005632:0.005377:0.007977:0.007132:0.008057:0.003861:0.007227:0.007977:0.005632:0.004994:0.005552:0.009014:0.013513:0.006047:0.008121:0.007163:0.005409:0.003861:0.007435:0.003861:0.005201:0.007722:0.005632:0.003366:0.007897:0.006047:0.008903:0.008982:0.008903:0.008903:0.006222:0.008982:0.008903:0.003462:0.004371
clinical activity appears to have recovered to pre­:@0.120077:0.326040:0.467897:0.326040:0.467897:0.315456:0.120077:0.315456:0.007371:0.003542:0.003861:0.008488:0.003861:0.006972:0.007802:0.003861:0.006302:0.008121:0.007163:0.005409:0.003861:0.007435:0.003861:0.005201:0.007722:0.005217:0.008121:0.009381:0.009206:0.008344:0.007945:0.005552:0.006765:0.005153:0.005409:0.009126:0.005632:0.008823:0.007897:0.007467:0.008057:0.006047:0.005297:0.007977:0.007132:0.009062:0.007387:0.007977:0.005377:0.007977:0.009062:0.006047:0.005409:0.009126:0.006047:0.009158:0.005377:0.008057:0.006382
pandemic levels in 2021/22.:@0.120497:0.341303:0.317964:0.341303:0.317964:0.330719:0.120497:0.330719:0.009381:0.008121:0.009030:0.009158:0.008344:0.013737:0.003861:0.007371:0.005568:0.003861:0.007722:0.007227:0.007897:0.003606:0.006382:0.006047:0.003366:0.007897:0.006047:0.008599:0.008950:0.008823:0.008903:0.006222:0.008982:0.008903:0.003462
Estimating the ultimate number of claims is :@0.120917:0.362686:0.432760:0.362686:0.432760:0.352101:0.120917:0.352101:0.007802:0.006765:0.005153:0.003861:0.013434:0.007897:0.005409:0.003861:0.008695:0.009397:0.005472:0.005409:0.009030:0.008153:0.006461:0.009030:0.003861:0.005409:0.003861:0.013529:0.008121:0.005233:0.008344:0.005935:0.009030:0.009030:0.013737:0.009094:0.008344:0.005552:0.005664:0.009349:0.004754:0.005201:0.007371:0.003861:0.007834:0.003861:0.013513:0.006765:0.005999:0.003015:0.005377:0.004371
complicated by the fact that clinical  negligence claims :@0.120077:0.378363:0.507528:0.378363:0.507528:0.367779:0.120077:0.367779:0.007371:0.009174:0.013737:0.009014:0.003861:0.003861:0.007148:0.008121:0.005233:0.008344:0.009206:0.006461:0.008823:0.007307:0.004866:0.005409:0.009030:0.008073:0.005297:0.004994:0.008440:0.007642:0.005409:0.005345:0.005409:0.009365:0.008312:0.005409:0.005345:0.007052:0.003861:0.003861:0.008567:0.003861:0.007052:0.007897:0.003861:0.004371:0.002425:0.009030:0.008344:0.009158:0.003861:0.003861:0.009078:0.008153:0.009030:0.007100:0.008153:0.005712:0.007132:0.003861:0.007818:0.003861:0.013354:0.006765:0.004371
can take a number of years to be reported following :@0.120077:0.393745:0.496823:0.393745:0.496823:0.383161:0.120077:0.383161:0.007052:0.007722:0.008647:0.006047:0.005409:0.008121:0.007929:0.008344:0.006047:0.006892:0.006382:0.009030:0.009030:0.013737:0.009094:0.008344:0.005552:0.005664:0.009349:0.004754:0.004371:0.007722:0.008344:0.008121:0.005552:0.006765:0.005137:0.005409:0.009030:0.006047:0.008567:0.007562:0.006047:0.005377:0.008057:0.009062:0.008982:0.005377:0.005409:0.007945:0.009062:0.006047:0.004994:0.009349:0.003861:0.003861:0.009349:0.011535:0.003861:0.009030:0.009397:0.004371
the incident that gives rise to the claim. The IBNR :@0.119741:0.409186:0.473959:0.409186:0.473959:0.398602:0.119741:0.398602:0.005409:0.009030:0.008073:0.006047:0.003861:0.009030:0.007100:0.003861:0.009397:0.008344:0.008791:0.005409:0.005089:0.005409:0.009365:0.008312:0.005409:0.005345:0.009062:0.003861:0.007227:0.007977:0.006557:0.006047:0.005121:0.003526:0.006302:0.007642:0.005201:0.005409:0.009126:0.005297:0.005409:0.009030:0.008073:0.006047:0.007371:0.003622:0.007897:0.003861:0.013434:0.003462:0.006366:0.008360:0.008775:0.008344:0.006350:0.003941:0.008232:0.010913:0.008727:0.004371
provision depends on an assumed time lag  pattern :@0.120497:0.424568:0.484431:0.424568:0.484431:0.413984:0.120497:0.413984:0.008903:0.005201:0.008903:0.007307:0.003861:0.006302:0.003861:0.008727:0.008647:0.006382:0.009397:0.008153:0.009381:0.008169:0.009030:0.009397:0.006589:0.005201:0.008567:0.008392:0.006382:0.007642:0.008488:0.006461:0.008121:0.006414:0.006765:0.008679:0.013513:0.008153:0.009397:0.005887:0.005409:0.003654:0.013434:0.008153:0.006461:0.003526:0.007307:0.008488:0.004371:0.002521:0.009381:0.007754:0.005409:0.005089:0.008057:0.005552:0.008727:0.004371
for how claims are reported to NHS Resolution :@0.119741:0.439950:0.454623:0.439950:0.454623:0.429366:0.119741:0.429366:0.004994:0.009541:0.005552:0.005696:0.009317:0.009573:0.011758:0.005201:0.007371:0.003861:0.007834:0.003861:0.013513:0.006765:0.005584:0.007722:0.005297:0.007897:0.006047:0.005377:0.008057:0.009062:0.008982:0.005377:0.005409:0.007945:0.009062:0.006047:0.005409:0.009126:0.005632:0.010993:0.010498:0.007897:0.006461:0.009238:0.007977:0.006557:0.008982:0.003861:0.008488:0.005409:0.003574:0.008982:0.008727:0.004371
following the incident.  If the true pattern of reporting :@0.119741:0.455332:0.506602:0.455332:0.506602:0.444748:0.119741:0.444748:0.004994:0.009349:0.003861:0.003861:0.009349:0.011742:0.003861:0.009030:0.009620:0.006047:0.005409:0.009030:0.008153:0.006047:0.003861:0.009030:0.007179:0.003861:0.009397:0.008344:0.008791:0.005409:0.003462:0.004371:0.002792:0.003781:0.004276:0.004786:0.005409:0.009030:0.008153:0.005632:0.005409:0.005552:0.009030:0.008344:0.005919:0.009381:0.007754:0.005409:0.005409:0.007993:0.005552:0.009030:0.006334:0.009349:0.004754:0.006047:0.005297:0.007977:0.009062:0.008982:0.005297:0.005409:0.003574:0.008647:0.009062:0.004371
is faster than that assumed, this may mean that the :@0.120497:0.471010:0.491164:0.471010:0.491164:0.460425:0.120497:0.460425:0.003191:0.005712:0.005201:0.004994:0.008121:0.006765:0.005409:0.008631:0.005552:0.005281:0.005409:0.009030:0.008121:0.008839:0.005712:0.005409:0.009365:0.008312:0.005409:0.005760:0.008121:0.006765:0.006765:0.009030:0.013737:0.008057:0.009397:0.003462:0.005951:0.005409:0.008775:0.003861:0.006557:0.006047:0.013737:0.007754:0.007722:0.005456:0.013354:0.007977:0.007802:0.008727:0.006047:0.005409:0.009365:0.008312:0.005409:0.004914:0.005409:0.008695:0.008057:0.004371
number of IBNR claims has been overestimated, :@0.120497:0.486390:0.463579:0.486390:0.463579:0.475806:0.120497:0.475806:0.009030:0.009030:0.013737:0.009094:0.008344:0.005552:0.005249:0.009349:0.004754:0.006047:0.003941:0.008392:0.011088:0.008823:0.005712:0.007132:0.003861:0.007818:0.003861:0.013354:0.006765:0.005919:0.008727:0.007722:0.006557:0.006047:0.008982:0.007897:0.007897:0.008647:0.006047:0.009158:0.007642:0.008344:0.005552:0.008344:0.006765:0.005409:0.003861:0.013529:0.008121:0.005409:0.008344:0.009397:0.003462:0.004371
and vice versa. Changing trends in this pattern over :@0.120077:0.501832:0.491669:0.501832:0.491669:0.491247:0.120077:0.491247:0.007802:0.008647:0.008982:0.005201:0.007642:0.003861:0.007371:0.008169:0.004786:0.007642:0.008344:0.005345:0.006765:0.008121:0.003462:0.006669:0.010083:0.009030:0.008121:0.009222:0.009397:0.004036:0.009030:0.009605:0.006047:0.005409:0.005345:0.008344:0.009030:0.009158:0.006765:0.005999:0.003271:0.007562:0.006047:0.005409:0.008775:0.003861:0.006557:0.006047:0.009381:0.007754:0.005409:0.005409:0.007993:0.005552:0.009030:0.006334:0.008823:0.007307:0.007977:0.005297:0.004371
time, for example as a  result of changes to the legal :@0.119741:0.517213:0.493264:0.517213:0.493264:0.506629:0.119741:0.506629:0.005409:0.003861:0.013737:0.008153:0.003462:0.006031:0.004994:0.009541:0.005552:0.005791:0.008344:0.007323:0.007850:0.013737:0.009190:0.003861:0.008153:0.006047:0.007467:0.006206:0.005632:0.006892:0.004371:0.002425:0.005377:0.007977:0.006557:0.008727:0.003861:0.005042:0.005632:0.009349:0.004754:0.005201:0.007371:0.009030:0.008121:0.009030:0.009397:0.008344:0.006765:0.005249:0.005409:0.009126:0.004786:0.005409:0.009030:0.008153:0.006461:0.003606:0.007722:0.008647:0.007467:0.003526:0.004371
environment, the introduction of the  Early Notification :@0.120077:0.532595:0.510655:0.532595:0.510655:0.522011:0.120077:0.522011:0.008344:0.009030:0.007642:0.003861:0.005552:0.009349:0.009030:0.013737:0.008344:0.009030:0.005409:0.003462:0.006382:0.005409:0.009030:0.008153:0.006047:0.003861:0.009030:0.005409:0.005297:0.009158:0.009397:0.008823:0.007371:0.005217:0.003861:0.009078:0.009030:0.005999:0.009349:0.004994:0.004978:0.005409:0.009030:0.008153:0.004371:0.002425:0.007722:0.007802:0.005297:0.003861:0.007227:0.005632:0.011679:0.009062:0.005409:0.003654:0.004994:0.003654:0.007371:0.007834:0.005201:0.003861:0.009078:0.008823:0.004371
scheme (leading to earlier reporting of incidents and :@0.120077:0.547977:0.496137:0.547977:0.496137:0.537393:0.120077:0.537393:0.006765:0.007084:0.009030:0.008105:0.013737:0.008089:0.005632:0.004611:0.003861:0.008153:0.007897:0.009397:0.003622:0.009030:0.009110:0.005632:0.005409:0.009126:0.005632:0.008344:0.007945:0.005552:0.003861:0.003861:0.008137:0.005552:0.005536:0.005552:0.007961:0.009158:0.009062:0.005377:0.005409:0.003654:0.008727:0.009158:0.006047:0.009349:0.005185:0.005632:0.003861:0.009030:0.007100:0.003861:0.009158:0.008344:0.008695:0.005409:0.006765:0.005456:0.007642:0.008488:0.008903:0.004371
claims),  increased awareness of the availability of :@0.120077:0.563655:0.472349:0.563655:0.472349:0.553070:0.120077:0.553070:0.007371:0.003861:0.007834:0.003861:0.013513:0.006765:0.004818:0.003191:0.004371:0.002521:0.003861:0.008727:0.007052:0.005377:0.008153:0.007802:0.006765:0.007929:0.009158:0.006461:0.008121:0.011535:0.008392:0.005552:0.008344:0.009285:0.008344:0.006940:0.006765:0.005744:0.009349:0.004754:0.004866:0.005409:0.009030:0.008073:0.006047:0.008121:0.007642:0.008121:0.003654:0.003861:0.008121:0.009174:0.003861:0.003861:0.003622:0.005409:0.007530:0.005297:0.008903:0.004786:0.004371
compensation and  potential disruptions owing to :@0.120077:0.579036:0.475922:0.579036:0.475922:0.568451:0.120077:0.568451:0.007371:0.009174:0.013737:0.009110:0.008344:0.009030:0.006557:0.008121:0.005233:0.003861:0.009349:0.009030:0.006302:0.007802:0.008647:0.008982:0.004371:0.002425:0.009062:0.009062:0.005409:0.008105:0.008823:0.005409:0.003861:0.007770:0.003861:0.006382:0.009397:0.003861:0.006557:0.005552:0.008807:0.009381:0.005153:0.003861:0.009158:0.009030:0.006589:0.005632:0.009349:0.011535:0.003861:0.009030:0.009397:0.006031:0.005121:0.008982:0.004371
Covid  19,  increase the uncertainty in this assumption.:@0.120077:0.594416:0.500779:0.594416:0.500779:0.583832:0.120077:0.583832:0.009652:0.009062:0.007467:0.003861:0.009078:0.004371:0.003685:0.008232:0.008232:0.003271:0.004371:0.002936:0.003861:0.008647:0.007052:0.005377:0.008153:0.007802:0.006765:0.007929:0.005632:0.005409:0.009030:0.008153:0.006047:0.009030:0.009030:0.007642:0.008344:0.005552:0.005409:0.008121:0.003861:0.009269:0.005409:0.007722:0.005680:0.003271:0.007562:0.006047:0.005409:0.008775:0.003861:0.006557:0.005632:0.008121:0.006765:0.006765:0.008743:0.013737:0.009381:0.005409:0.003861:0.009174:0.009030:0.003462
•  Claims settling as PPOs: :@0.096734:0.616819:0.308943:0.616819:0.308943:0.605678:0.096734:0.605678:0.006466:0.004635:0.012243:0.010160:0.004770:0.008498:0.004770:0.014712:0.007137:0.005626:0.007389:0.008817:0.006533:0.006231:0.004770:0.004770:0.009774:0.010160:0.006046:0.008649:0.007053:0.006466:0.009573:0.009573:0.011756:0.006802:0.004199:0.004635
PPOs remain a key :@0.311176:0.616694:0.444890:0.616694:0.444890:0.606110:0.311176:0.606110:0.008153:0.008312:0.011088:0.006302:0.005632:0.005297:0.008057:0.013354:0.007897:0.003861:0.008727:0.006382:0.006892:0.006461:0.007562:0.007977:0.007387:0.004371
area of uncertainty, given the high value of PPO :@0.120060:0.632076:0.463413:0.632076:0.463413:0.621492:0.120060:0.621492:0.007722:0.005297:0.007897:0.007722:0.006461:0.009349:0.004754:0.005632:0.009030:0.008855:0.007371:0.008169:0.005552:0.005409:0.007850:0.003861:0.009030:0.005409:0.007483:0.003462:0.006446:0.008982:0.003861:0.007132:0.007977:0.008647:0.005712:0.005409:0.009030:0.008073:0.006461:0.008567:0.003606:0.008727:0.008567:0.005632:0.007642:0.008121:0.003861:0.009030:0.008344:0.005744:0.009349:0.004754:0.006382:0.007977:0.007977:0.010657:0.004371
settlements, the limited stable past data to base :@0.120060:0.647458:0.464993:0.647458:0.464993:0.636874:0.120060:0.636874:0.006765:0.008344:0.005121:0.005409:0.003861:0.008344:0.013737:0.008344:0.009030:0.005409:0.006765:0.003462:0.006095:0.005409:0.009030:0.008153:0.006461:0.003861:0.003526:0.013178:0.003861:0.004962:0.007977:0.008982:0.006461:0.006765:0.005153:0.007897:0.009062:0.003861:0.007977:0.006382:0.009062:0.007802:0.006557:0.005201:0.005297:0.009397:0.007738:0.005201:0.007897:0.006047:0.005121:0.008982:0.006047:0.008823:0.007562:0.006382:0.007802:0.004371
future claim number projections upon and the :@0.119725:0.662898:0.453313:0.662898:0.453313:0.652314:0.119725:0.652314:0.004994:0.009030:0.005409:0.009206:0.005552:0.008344:0.005839:0.007132:0.003861:0.007722:0.003861:0.013274:0.006461:0.009030:0.009030:0.013737:0.009094:0.008344:0.005552:0.005999:0.009158:0.005377:0.009158:0.003861:0.008057:0.007371:0.005217:0.003861:0.009078:0.008823:0.006765:0.005919:0.008727:0.008982:0.009062:0.008727:0.006047:0.007802:0.008567:0.008982:0.006047:0.005409:0.008695:0.008057:0.004371
changing  propensity to award  PPOs to claimants.:@0.120060:0.678280:0.467705:0.678280:0.467705:0.667696:0.120060:0.667696:0.007371:0.008759:0.008121:0.008839:0.009397:0.003861:0.008823:0.009397:0.004371:0.002441:0.009381:0.005313:0.009158:0.009381:0.007993:0.009030:0.006414:0.003861:0.005409:0.007435:0.004786:0.005409:0.009126:0.005201:0.008121:0.011535:0.008121:0.005552:0.009397:0.004371:0.002952:0.008153:0.008312:0.011088:0.006302:0.005201:0.005409:0.009126:0.005201:0.007371:0.003861:0.007913:0.003861:0.013737:0.008121:0.009030:0.005409:0.006765:0.003462
PPO claim settlements are paid over the lifetime :@0.120917:0.693960:0.463839:0.693960:0.463839:0.683376:0.120917:0.683376:0.007977:0.007977:0.010657:0.006047:0.007132:0.003861:0.007722:0.003861:0.013274:0.006047:0.006765:0.008344:0.005409:0.005409:0.003861:0.008344:0.013737:0.008344:0.009030:0.005409:0.006765:0.005249:0.007802:0.005297:0.007897:0.006382:0.008823:0.007467:0.003606:0.008727:0.006461:0.008982:0.007387:0.008057:0.005377:0.005297:0.005409:0.009030:0.008073:0.006047:0.003861:0.003606:0.004994:0.008105:0.005409:0.003654:0.013434:0.008153:0.004371
of the claimant, and consequently there are :@0.120077:0.709342:0.434792:0.709342:0.434792:0.698758:0.120077:0.698758:0.009349:0.004754:0.004866:0.005409:0.009030:0.008153:0.006047:0.007371:0.004052:0.008121:0.003861:0.013737:0.008121:0.009030:0.005409:0.003462:0.006541:0.007802:0.008647:0.008982:0.006382:0.007371:0.009349:0.009030:0.006765:0.008344:0.009397:0.009030:0.008344:0.009030:0.005409:0.003861:0.007722:0.004754:0.005409:0.009030:0.008153:0.005552:0.008137:0.006047:0.007642:0.005121:0.007722:0.004371
additional  inflation and longevity uncertainties, :@0.120077:0.724724:0.457942:0.724724:0.457942:0.714139:0.120077:0.714139:0.007897:0.009397:0.008998:0.003861:0.005409:0.003669:0.009158:0.009030:0.007770:0.003861:0.004371:0.002425:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.006334:0.007802:0.008647:0.008982:0.006461:0.003861:0.009158:0.009030:0.009110:0.008153:0.007642:0.003861:0.005201:0.007722:0.005552:0.009030:0.008855:0.007371:0.008169:0.005552:0.005409:0.008121:0.003861:0.009030:0.005409:0.003861:0.008344:0.006765:0.003462:0.004371
compared to equivalent lump sum settlements.:@0.120077:0.740106:0.454033:0.740106:0.454033:0.729521:0.120077:0.729521:0.007132:0.009062:0.013513:0.009158:0.008121:0.005313:0.008344:0.009126:0.006047:0.005409:0.009126:0.005201:0.008344:0.009397:0.009030:0.003861:0.007642:0.008121:0.003861:0.008344:0.009030:0.005409:0.005983:0.003861:0.008567:0.013178:0.009062:0.006047:0.006461:0.008567:0.013178:0.006047:0.006765:0.008344:0.005409:0.005409:0.003861:0.008089:0.013737:0.008344:0.008823:0.005409:0.006765:0.003462
139:@0.931480:0.056159:0.952641:0.056159:0.952641:0.047246:0.931480:0.047246:0.006718:0.006718:0.007725
•  Claims inflation: :@0.536905:0.102269:0.691427:0.102269:0.691427:0.091127:0.536905:0.091127:0.006382:0.004635:0.012327:0.010244:0.004770:0.008582:0.004770:0.014796:0.007221:0.006046:0.004770:0.009757:0.006432:0.004568:0.009035:0.006331:0.004770:0.010009:0.010160:0.004282:0.004635
Because of the long term nature :@0.693257:0.102144:0.926573:0.102144:0.926573:0.091560:0.693257:0.091560:0.009142:0.008073:0.007371:0.008121:0.008775:0.006765:0.008344:0.005456:0.009349:0.004754:0.005297:0.005409:0.009030:0.008073:0.006047:0.003606:0.008823:0.008567:0.008903:0.005632:0.005409:0.008344:0.005313:0.013737:0.006254:0.009030:0.007770:0.005409:0.008615:0.005377:0.008153:0.004371
of the liabilities, even small changes to the assumed :@0.560249:0.117526:0.933005:0.117526:0.933005:0.106941:0.560249:0.106941:0.009349:0.004754:0.005201:0.005409:0.009030:0.008153:0.006047:0.003861:0.003861:0.007818:0.009158:0.003861:0.003861:0.003622:0.005409:0.003861:0.008025:0.006765:0.003223:0.006461:0.007897:0.007307:0.007977:0.008647:0.006461:0.006461:0.013019:0.007722:0.003861:0.003526:0.006461:0.007371:0.009030:0.008121:0.008807:0.009397:0.008344:0.006765:0.005058:0.005409:0.009126:0.005201:0.005409:0.009030:0.008153:0.005632:0.007897:0.006557:0.006765:0.008599:0.013434:0.008057:0.009158:0.004371
rate of future claim value inflation can  have a :@0.560668:0.133205:0.887078:0.133205:0.887078:0.122620:0.560668:0.122620:0.005552:0.007802:0.005201:0.008057:0.005632:0.009349:0.004754:0.005201:0.004994:0.009030:0.005409:0.009285:0.005552:0.008344:0.005760:0.007132:0.003861:0.007722:0.003861:0.013274:0.005297:0.007642:0.008121:0.003861:0.009030:0.008344:0.006493:0.003861:0.008823:0.004994:0.003654:0.008121:0.005153:0.003861:0.009078:0.009030:0.006334:0.007052:0.007642:0.008647:0.004371:0.002521:0.008823:0.007897:0.007467:0.008057:0.005632:0.006461:0.004371
significant impact on the estimated provisions.:@0.560249:0.148585:0.889769:0.148585:0.889769:0.138001:0.560249:0.138001:0.006765:0.003861:0.009397:0.009206:0.003861:0.004994:0.003861:0.007371:0.008296:0.009030:0.005409:0.005712:0.003861:0.013737:0.009190:0.008121:0.007371:0.005409:0.005137:0.008567:0.008392:0.006047:0.005409:0.009030:0.008153:0.006047:0.008153:0.006765:0.005409:0.003606:0.013513:0.008121:0.005153:0.008153:0.009397:0.006637:0.009062:0.005377:0.008982:0.007387:0.003861:0.006382:0.003861:0.008823:0.008727:0.006461:0.003462
Claim value inflation has historically been  higher :@0.560249:0.164028:0.908930:0.164028:0.908930:0.153443:0.560249:0.153443:0.009876:0.003861:0.008121:0.003861:0.013737:0.005728:0.007642:0.008121:0.003861:0.008759:0.008344:0.006350:0.003861:0.008823:0.004994:0.003654:0.008121:0.005153:0.003861:0.009078:0.009030:0.006749:0.008647:0.007722:0.006557:0.006047:0.009030:0.003861:0.006589:0.005409:0.009349:0.005313:0.003861:0.007371:0.007834:0.003861:0.003861:0.007483:0.005632:0.008903:0.007802:0.007802:0.008567:0.004371:0.002425:0.009030:0.003654:0.009158:0.009030:0.008009:0.005552:0.004371
than price inflation.  For clinical  negligence claims, :@0.559829:0.179410:0.917030:0.179410:0.917030:0.168825:0.559829:0.168825:0.005409:0.009030:0.008121:0.009030:0.006701:0.009062:0.005297:0.003861:0.006892:0.007977:0.006047:0.003861:0.009030:0.004994:0.003861:0.008121:0.005409:0.003861:0.009349:0.009030:0.003462:0.004371:0.002744:0.007387:0.008727:0.005201:0.005297:0.007052:0.003861:0.003861:0.008567:0.003861:0.007052:0.007897:0.003861:0.004371:0.002425:0.009030:0.008344:0.009158:0.003861:0.003861:0.009078:0.008153:0.009030:0.007100:0.008153:0.005632:0.007371:0.003861:0.007738:0.003861:0.013434:0.006765:0.003462:0.004371
inflation is affected  by a  number of external factors :@0.560668:0.194792:0.930155:0.194792:0.930155:0.184207:0.560668:0.184207:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.006749:0.003191:0.005712:0.005632:0.008121:0.004994:0.004994:0.008169:0.007371:0.005217:0.008344:0.009206:0.004371:0.002521:0.008647:0.007052:0.005201:0.006892:0.004371:0.002425:0.009030:0.009030:0.013737:0.009094:0.008344:0.005552:0.005329:0.009349:0.004994:0.005393:0.008344:0.007323:0.005409:0.008057:0.005552:0.009030:0.008121:0.003861:0.005935:0.004994:0.008121:0.007371:0.005409:0.009349:0.005552:0.006765:0.004371
such as the  PIDR, changes in legal precedent :@0.560249:0.210173:0.881537:0.210173:0.881537:0.199589:0.560249:0.199589:0.006557:0.008647:0.007132:0.008727:0.006382:0.007722:0.006382:0.004866:0.005409:0.009030:0.008153:0.004371:0.002425:0.008312:0.003941:0.010322:0.008903:0.003191:0.006461:0.007371:0.009030:0.008121:0.009030:0.009397:0.008344:0.006765:0.005584:0.003366:0.007977:0.006461:0.003606:0.007897:0.008903:0.007722:0.003861:0.006302:0.009381:0.005313:0.008344:0.007195:0.008344:0.009126:0.008344:0.008791:0.005409:0.004371
(e.g.  rules relating to accommodation costs :@0.560249:0.225852:0.871805:0.225852:0.871805:0.215268:0.560249:0.215268:0.004818:0.008344:0.003462:0.009397:0.003462:0.004371:0.002840:0.005377:0.008823:0.003861:0.007977:0.006765:0.005488:0.005297:0.008057:0.003861:0.007818:0.005201:0.003861:0.008727:0.009158:0.005632:0.005409:0.009126:0.005632:0.008121:0.007371:0.007371:0.009349:0.013737:0.013737:0.009349:0.009397:0.008121:0.005409:0.003861:0.009349:0.009030:0.006302:0.006972:0.008903:0.006461:0.005121:0.006461:0.004371
determined by Swift v.  Carpenter) and changes :@0.560249:0.241234:0.900155:0.241234:0.900155:0.230650:0.560249:0.230650:0.009397:0.008153:0.005409:0.008344:0.005313:0.013737:0.003861:0.008775:0.008344:0.009397:0.006366:0.008823:0.007307:0.005201:0.008823:0.011918:0.004036:0.005201:0.005409:0.004371:0.006844:0.003015:0.004371:0.002425:0.010083:0.008121:0.005552:0.009668:0.008344:0.009206:0.005409:0.008536:0.005552:0.004818:0.005760:0.007802:0.008567:0.008982:0.006461:0.007371:0.009030:0.008121:0.008807:0.009397:0.008344:0.006765:0.004371
in  legal costs. The variety of potential external :@0.560668:0.256675:0.890412:0.256675:0.890412:0.246091:0.560668:0.246091:0.003271:0.007562:0.004371:0.002521:0.003526:0.007802:0.008823:0.007642:0.003606:0.006461:0.007371:0.008839:0.006557:0.005201:0.006557:0.003462:0.006366:0.008360:0.008855:0.008344:0.005089:0.007642:0.008312:0.005552:0.003861:0.008344:0.005409:0.007722:0.005137:0.009349:0.004754:0.005632:0.009381:0.009174:0.005409:0.008105:0.008823:0.005409:0.003861:0.007770:0.003861:0.005967:0.008153:0.007323:0.005409:0.008089:0.005552:0.008807:0.008121:0.003861:0.004371
influences on future claims inflation means that this :@0.560668:0.272117:0.933377:0.272117:0.933377:0.261532:0.560668:0.261532:0.003861:0.009030:0.004994:0.003861:0.009030:0.008344:0.008823:0.007371:0.008344:0.006765:0.005728:0.008567:0.008392:0.006047:0.004994:0.009030:0.005409:0.009206:0.005552:0.008344:0.006174:0.007371:0.003622:0.007897:0.003861:0.013354:0.006765:0.005919:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.006414:0.013737:0.008089:0.008121:0.008839:0.006765:0.005249:0.005409:0.009365:0.008312:0.005409:0.004914:0.005201:0.008727:0.003861:0.006382:0.004371
assumption is subject to significant uncertainty.:@0.560249:0.287438:0.895066:0.287438:0.895066:0.276854:0.560249:0.276854:0.008121:0.006573:0.006765:0.008855:0.013737:0.009190:0.005409:0.003654:0.009349:0.009030:0.006398:0.003366:0.005871:0.005297:0.006765:0.008855:0.009381:0.003861:0.008344:0.007371:0.005409:0.004770:0.005409:0.009126:0.005632:0.006765:0.003861:0.009397:0.009030:0.003861:0.004994:0.003861:0.007371:0.008121:0.009030:0.005409:0.006142:0.009030:0.008599:0.007371:0.007913:0.005377:0.005409:0.007770:0.003861:0.008727:0.005201:0.007722:0.003462
The HM Treasury PES discount rate note from December :@0.536065:0.309651:0.940731:0.309651:0.940731:0.299066:0.536065:0.299066:0.008360:0.008775:0.008344:0.006350:0.010498:0.013274:0.006047:0.008153:0.005377:0.008057:0.007897:0.006557:0.008823:0.005377:0.007467:0.006047:0.008153:0.007467:0.007722:0.005632:0.009397:0.003861:0.006765:0.007371:0.009349:0.009030:0.009030:0.005409:0.005536:0.005552:0.007802:0.005201:0.008057:0.006047:0.008727:0.008982:0.005201:0.008057:0.005632:0.004994:0.005552:0.009014:0.013513:0.006461:0.010913:0.008344:0.007195:0.008344:0.013481:0.009381:0.008169:0.005552:0.004371
2021  (which specifies the financial assumptions to be :@0.536485:0.325092:0.920904:0.325092:0.920904:0.314508:0.536485:0.314508:0.008392:0.008392:0.008312:0.008312:0.004371:0.004116:0.004818:0.011535:0.009030:0.003861:0.007371:0.009317:0.006461:0.006765:0.009110:0.008344:0.007195:0.003861:0.004994:0.003654:0.008344:0.006765:0.005042:0.005409:0.009030:0.008153:0.005201:0.004994:0.003861:0.009206:0.008121:0.009030:0.007371:0.003861:0.008121:0.003861:0.006493:0.008121:0.006573:0.006765:0.009030:0.013737:0.009381:0.005409:0.003861:0.009349:0.009030:0.006765:0.004675:0.005409:0.009126:0.006047:0.008312:0.007387:0.004371
used for valuing provisions at March 2022) states that :@0.536905:0.340474:0.924483:0.340474:0.924483:0.329890:0.536905:0.329890:0.008392:0.006302:0.007897:0.008823:0.006047:0.004994:0.009541:0.005552:0.004946:0.007642:0.008121:0.003638:0.009030:0.003654:0.009030:0.009397:0.006254:0.009158:0.005377:0.008982:0.007387:0.003861:0.006461:0.003861:0.008903:0.008823:0.006557:0.005632:0.008121:0.005233:0.006382:0.013769:0.007722:0.005377:0.007132:0.008727:0.006461:0.008903:0.008982:0.008903:0.008982:0.004818:0.006174:0.006557:0.005409:0.007865:0.005409:0.008025:0.006765:0.005073:0.005409:0.009030:0.008312:0.005409:0.004371
all cash flows should  be assumed to increase in  line :@0.536485:0.355856:0.905652:0.355856:0.905652:0.345271:0.536485:0.345271:0.007227:0.003446:0.003446:0.006461:0.007132:0.007802:0.006557:0.008727:0.005632:0.004994:0.004164:0.009748:0.011918:0.007052:0.005632:0.006557:0.008727:0.008982:0.008823:0.003861:0.008982:0.004371:0.002521:0.008567:0.007562:0.005632:0.008121:0.006414:0.006765:0.008679:0.013513:0.008153:0.009397:0.005887:0.005409:0.009126:0.005632:0.003861:0.008727:0.007132:0.005377:0.008344:0.007786:0.006765:0.008009:0.006461:0.003271:0.007642:0.004371:0.002425:0.003526:0.003526:0.008312:0.007642:0.004371
with the OBR CPI forecasts unless certain conditions :@0.535645:0.371533:0.910843:0.371533:0.910843:0.360949:0.535645:0.360949:0.011918:0.004036:0.005712:0.009397:0.005632:0.005409:0.009030:0.008153:0.006047:0.011583:0.008903:0.009317:0.005632:0.009238:0.008232:0.003941:0.006047:0.004994:0.009349:0.005552:0.008344:0.007371:0.008121:0.006765:0.005409:0.006765:0.005855:0.008823:0.008727:0.003861:0.007977:0.006765:0.006509:0.005712:0.007132:0.008153:0.005552:0.005409:0.007770:0.003861:0.008823:0.006461:0.007371:0.009094:0.009030:0.009397:0.003654:0.005409:0.003654:0.009349:0.009030:0.006557:0.004371
are met for this assumption to be rebutted. These :@0.536485:0.386915:0.894340:0.386915:0.894340:0.376331:0.536485:0.376331:0.007722:0.005297:0.007897:0.006047:0.013737:0.008009:0.005409:0.004754:0.004994:0.009541:0.005552:0.005281:0.005409:0.008775:0.003861:0.006557:0.005632:0.008121:0.006573:0.006765:0.008855:0.013737:0.009190:0.005409:0.003654:0.009349:0.009030:0.005552:0.005409:0.009126:0.006047:0.008567:0.007562:0.006461:0.005552:0.008137:0.009381:0.008759:0.005409:0.005169:0.008344:0.009126:0.003462:0.006366:0.008153:0.008823:0.008153:0.006765:0.008009:0.004371
conditions are set out in  Paragraph 36 of Annex B :@0.536485:0.402297:0.896016:0.402297:0.896016:0.391713:0.536485:0.391713:0.007371:0.009349:0.009030:0.009174:0.003861:0.005409:0.003861:0.009349:0.008839:0.006765:0.005584:0.007722:0.005297:0.007897:0.005712:0.006557:0.007977:0.005201:0.005201:0.009349:0.009030:0.005409:0.005680:0.003271:0.007562:0.004371:0.002936:0.008934:0.007865:0.005377:0.008121:0.009014:0.005377:0.007897:0.009158:0.008823:0.006047:0.008823:0.008903:0.005632:0.009349:0.004754:0.004866:0.010753:0.009397:0.009493:0.008647:0.007642:0.005632:0.006892:0.004371
of to the  HM Treasury PES note PES (2021)  10.:@0.536485:0.417679:0.866468:0.417679:0.866468:0.407095:0.536485:0.407095:0.009349:0.004754:0.005201:0.005409:0.009126:0.004866:0.005409:0.009030:0.008073:0.004371:0.002521:0.010498:0.013274:0.005632:0.008153:0.005377:0.008057:0.007897:0.006557:0.008823:0.005377:0.007467:0.006047:0.008153:0.007467:0.007722:0.006047:0.009030:0.009030:0.005409:0.008025:0.006382:0.008153:0.007467:0.007802:0.005632:0.004818:0.008950:0.008903:0.008982:0.008903:0.004818:0.004371:0.003494:0.007802:0.007897:0.003462
For NHS Resolution's IBNR provisions,:@0.536905:0.440373:0.830397:0.440373:0.830397:0.429232:0.536905:0.429232:0.008229:0.009657:0.006298:0.005626:0.011924:0.011504:0.008397:0.006466:0.010748:0.008733:0.007137:0.009908:0.004770:0.009673:0.006298:0.004770:0.009757:0.009825:0.004702:0.007137:0.006046:0.004702:0.009741:0.011924:0.009908:0.005710:0.010160:0.006684:0.009858:0.008901:0.004770:0.007154:0.004770:0.009925:0.009908:0.007221:0.004551
 :@0.830280:0.440373:0.834881:0.440373:0.834881:0.429232:0.830280:0.429232:0.004602
these conditions have been met::@0.536065:0.455754:0.791519:0.455754:0.791519:0.444612:0.536065:0.444612:0.006533:0.010110:0.009086:0.007389:0.009086:0.005324:0.008061:0.009908:0.009992:0.010395:0.004551:0.006533:0.004770:0.009942:0.009992:0.007389:0.005962:0.009908:0.009035:0.009102:0.009086:0.006029:0.010160:0.008733:0.008733:0.009825:0.006466:0.014359:0.008397:0.006046:0.004551
Condition 1: :@0.536485:0.477729:0.635838:0.477729:0.635838:0.466587:0.536485:0.466587:0.010479:0.009925:0.009908:0.010160:0.004770:0.006315:0.004770:0.009925:0.009908:0.006886:0.007977:0.003695:0.004635
there is a logical basis for not applying :@0.636829:0.477604:0.913669:0.477604:0.913669:0.467020:0.636829:0.467020:0.005409:0.009030:0.008153:0.005552:0.008137:0.006461:0.003191:0.005632:0.005712:0.006797:0.006461:0.003861:0.008647:0.008903:0.003861:0.006797:0.007722:0.003861:0.006717:0.008823:0.007642:0.006461:0.003861:0.006302:0.005201:0.004994:0.009541:0.005552:0.006126:0.008823:0.008982:0.005201:0.005632:0.007802:0.008982:0.009062:0.003861:0.007227:0.003861:0.008567:0.009062:0.004371
OBR CPI  inflation rates, in that the proposed alternative :@0.536485:0.492986:0.935917:0.492986:0.935917:0.482402:0.536485:0.482402:0.011583:0.008903:0.009317:0.005632:0.009317:0.008392:0.004036:0.004371:0.002521:0.003861:0.008823:0.004994:0.003654:0.008121:0.005153:0.003861:0.009078:0.009030:0.006749:0.005552:0.008121:0.005137:0.008153:0.006765:0.003462:0.006733:0.003271:0.007562:0.006047:0.005409:0.009365:0.008312:0.005409:0.005010:0.005409:0.009030:0.008153:0.006382:0.008982:0.005297:0.008903:0.008982:0.008903:0.006461:0.007977:0.008982:0.006461:0.008121:0.003861:0.005153:0.008344:0.005552:0.009030:0.008121:0.005409:0.003861:0.007642:0.008344:0.004371
inflation  rates would be clearly more applicable to the :@0.536905:0.508367:0.924563:0.508367:0.924563:0.497782:0.536905:0.497782:0.003861:0.009030:0.004738:0.003861:0.008121:0.005153:0.003861:0.009158:0.009030:0.004371:0.002473:0.005377:0.007897:0.005201:0.008057:0.006557:0.004786:0.011535:0.009716:0.009030:0.004068:0.009573:0.006461:0.008823:0.007722:0.005632:0.007371:0.003861:0.008169:0.008121:0.005552:0.003622:0.007722:0.005552:0.013274:0.008982:0.005297:0.007977:0.005632:0.008121:0.009094:0.009381:0.003861:0.003861:0.007371:0.007945:0.009381:0.003861:0.008089:0.005201:0.005409:0.009126:0.005201:0.005409:0.008695:0.008057:0.004371
underlying  nature of the cash flows.  For NHS Resolution, :@0.536905:0.523747:0.943485:0.523747:0.943485:0.513163:0.536905:0.513163:0.009030:0.008599:0.009158:0.008057:0.005377:0.003861:0.007483:0.003861:0.008727:0.009158:0.004371:0.002521:0.009030:0.007850:0.005409:0.008775:0.005552:0.008137:0.006047:0.009349:0.004754:0.004786:0.005409:0.009030:0.008153:0.006047:0.007052:0.007642:0.006461:0.008647:0.006047:0.005201:0.003861:0.009748:0.011838:0.006972:0.003462:0.004371:0.002920:0.007387:0.008823:0.005201:0.005632:0.010993:0.010498:0.007897:0.006461:0.009541:0.008009:0.006765:0.009110:0.003861:0.008727:0.005409:0.003861:0.009030:0.009030:0.003223:0.004371
past claims inflation and the mandated  rates of PPO :@0.536905:0.539426:0.910427:0.539426:0.910427:0.528842:0.536905:0.528842:0.009062:0.007722:0.006557:0.005201:0.005712:0.007132:0.003861:0.007818:0.003861:0.013354:0.006765:0.005919:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.006414:0.007802:0.008567:0.008982:0.005712:0.005409:0.009030:0.008073:0.006461:0.013737:0.007850:0.009030:0.009110:0.008121:0.005233:0.008344:0.009126:0.004371:0.002521:0.005297:0.007897:0.005201:0.008057:0.006557:0.005712:0.009349:0.004754:0.006382:0.007802:0.007897:0.010498:0.004371
increases have been demonstrably different to CPI :@0.536905:0.554807:0.896292:0.554807:0.896292:0.544223:0.536905:0.544223:0.003861:0.008823:0.007132:0.005552:0.008137:0.007897:0.006765:0.008009:0.006765:0.005919:0.008727:0.007802:0.007387:0.007977:0.006382:0.008903:0.007802:0.007802:0.008567:0.006461:0.009397:0.008153:0.013737:0.009349:0.009030:0.006589:0.005409:0.005552:0.008121:0.009381:0.003861:0.007722:0.005217:0.009397:0.003861:0.004994:0.005169:0.008344:0.005552:0.008615:0.009030:0.005409:0.004962:0.005409:0.009126:0.005632:0.009158:0.008232:0.003941:0.004371
increases, so the assumptions for future inflation  rates :@0.536905:0.570188:0.926222:0.570188:0.926222:0.559603:0.536905:0.559603:0.003861:0.009030:0.007100:0.005552:0.008137:0.007897:0.006765:0.008105:0.006765:0.003462:0.006238:0.006302:0.008647:0.005201:0.005409:0.009030:0.008153:0.006047:0.008121:0.006765:0.006765:0.008743:0.013737:0.009381:0.005185:0.003861:0.009349:0.009030:0.006557:0.005201:0.004994:0.009541:0.005552:0.005361:0.004994:0.009030:0.005409:0.009206:0.005552:0.008344:0.006174:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.004371:0.002473:0.005297:0.007802:0.005121:0.007977:0.006461:0.004371
have been selected to reflect the historical data.:@0.536905:0.585568:0.875886:0.585568:0.875886:0.574984:0.536905:0.574984:0.008823:0.007897:0.007467:0.008057:0.006047:0.008982:0.007897:0.007897:0.008647:0.006461:0.006557:0.008057:0.003861:0.007977:0.007132:0.005409:0.007945:0.009062:0.006047:0.005409:0.009126:0.005632:0.005552:0.008137:0.004994:0.003861:0.008344:0.007371:0.005233:0.004866:0.005409:0.009030:0.008153:0.006461:0.008727:0.003861:0.006382:0.005409:0.008950:0.005377:0.003861:0.007052:0.007802:0.003861:0.006382:0.009062:0.007897:0.005201:0.007897:0.003462
Condition 2: :@0.536485:0.607970:0.635838:0.607970:0.635838:0.596829:0.536485:0.596829:0.010479:0.009925:0.009908:0.010160:0.004770:0.006315:0.004770:0.009925:0.009908:0.005626:0.008817:0.004115:0.004635
the proposed alternative rates must be :@0.636829:0.607845:0.916461:0.607845:0.916461:0.597261:0.636829:0.597261:0.005409:0.009030:0.008153:0.006461:0.008982:0.005297:0.008903:0.008982:0.008903:0.006461:0.007977:0.008982:0.006382:0.008121:0.004052:0.005409:0.008344:0.005552:0.009030:0.008121:0.005409:0.003861:0.007642:0.008344:0.006382:0.005297:0.007897:0.005201:0.008057:0.006557:0.006047:0.013513:0.008823:0.006765:0.005153:0.005632:0.008567:0.007562:0.004371
free from  management bias. An  indication of this :@0.536065:0.623227:0.892676:0.623227:0.892676:0.612643:0.536065:0.612643:0.004994:0.005552:0.008344:0.008153:0.005201:0.004994:0.005552:0.009014:0.013513:0.004371:0.002425:0.013737:0.008121:0.009206:0.008121:0.009397:0.008599:0.013737:0.008520:0.009030:0.005409:0.005712:0.008982:0.003861:0.007562:0.006557:0.003271:0.006047:0.010498:0.009238:0.004371:0.002521:0.003861:0.008823:0.009062:0.003861:0.007132:0.008121:0.005058:0.003861:0.009078:0.008823:0.006461:0.009349:0.004754:0.004786:0.005409:0.008775:0.003861:0.006557:0.004371
may be an  independent or professional assessment :@0.536905:0.638668:0.904397:0.638668:0.904397:0.628084:0.536905:0.628084:0.013513:0.007897:0.007722:0.005456:0.008567:0.007562:0.005712:0.007642:0.008488:0.004371:0.002425:0.003861:0.009030:0.009397:0.008344:0.009381:0.008344:0.009030:0.009397:0.008344:0.009030:0.005409:0.005153:0.008823:0.005297:0.006047:0.009158:0.005552:0.008982:0.004994:0.008105:0.006765:0.006414:0.003861:0.008982:0.009030:0.007850:0.003861:0.006382:0.008121:0.006414:0.006765:0.008344:0.006557:0.006765:0.013465:0.008344:0.009030:0.005137:0.004371
of the proposed alternative inflation rates, such as by :@0.536485:0.654050:0.919692:0.654050:0.919692:0.643466:0.536485:0.643466:0.009349:0.004754:0.005201:0.005409:0.009030:0.008153:0.006047:0.008982:0.005297:0.008982:0.009062:0.008982:0.006557:0.007977:0.009062:0.006461:0.008121:0.003861:0.005409:0.008344:0.005552:0.009030:0.008121:0.005409:0.003861:0.007642:0.008344:0.006079:0.003861:0.009030:0.004994:0.003606:0.008121:0.005233:0.003861:0.009158:0.009030:0.006749:0.005377:0.008121:0.005058:0.008153:0.006765:0.003223:0.006461:0.006557:0.008647:0.007132:0.008727:0.006382:0.007722:0.006382:0.006047:0.008392:0.006972:0.004371
a committee, third  party or other experts. The claims :@0.536485:0.669728:0.915432:0.669728:0.915432:0.659144:0.536485:0.659144:0.006797:0.006047:0.007371:0.009349:0.013928:0.013737:0.003861:0.005409:0.005409:0.008536:0.008344:0.003462:0.006079:0.005121:0.008823:0.003861:0.005297:0.009158:0.004371:0.002521:0.009062:0.007802:0.005377:0.005409:0.007355:0.005297:0.009062:0.005377:0.005297:0.009349:0.005409:0.008839:0.008344:0.005552:0.005584:0.008153:0.007323:0.009142:0.008344:0.005345:0.005409:0.006765:0.003191:0.006461:0.008360:0.008775:0.008344:0.005504:0.007371:0.003622:0.007897:0.003861:0.013354:0.006765:0.004371
inflation assumptions have been  based on the actuarial :@0.536905:0.685110:0.932668:0.685110:0.932668:0.674525:0.536905:0.674525:0.003861:0.009030:0.004738:0.003861:0.008121:0.005153:0.003861:0.009158:0.009030:0.006414:0.008121:0.006765:0.006765:0.008743:0.013737:0.009381:0.005185:0.003861:0.009349:0.009030:0.006557:0.006047:0.008823:0.007897:0.007467:0.008057:0.006047:0.008982:0.007897:0.007897:0.008647:0.004371:0.002521:0.008982:0.007642:0.006461:0.007897:0.008903:0.006047:0.008727:0.008567:0.005712:0.005409:0.009030:0.008073:0.006047:0.008121:0.007163:0.005409:0.008775:0.008121:0.005313:0.003861:0.007897:0.003861:0.004371
adviser's assessment of historical claims inflation, :@0.536485:0.700491:0.886746:0.700491:0.886746:0.689906:0.536485:0.689906:0.007897:0.009062:0.007387:0.003861:0.006302:0.008153:0.005377:0.003446:0.006557:0.005201:0.008121:0.006573:0.006765:0.008344:0.006765:0.006765:0.013737:0.008344:0.009030:0.005409:0.005217:0.009349:0.004754:0.006047:0.008727:0.003861:0.006461:0.005409:0.008950:0.005377:0.003861:0.007052:0.007802:0.003861:0.006382:0.007132:0.003861:0.007818:0.003861:0.013354:0.006765:0.005919:0.003861:0.009030:0.004994:0.003861:0.008121:0.005409:0.003861:0.009349:0.009030:0.003462:0.004371
which  have then been reviewed and adopted by :@0.535645:0.715871:0.885013:0.715871:0.885013:0.705287:0.535645:0.705287:0.011758:0.009317:0.003861:0.007642:0.009317:0.004371:0.002521:0.008823:0.007897:0.007467:0.008057:0.005201:0.005409:0.009030:0.008073:0.009030:0.006749:0.008903:0.007977:0.007977:0.008647:0.006461:0.005377:0.008344:0.007435:0.003861:0.008344:0.011216:0.008344:0.009126:0.006461:0.007802:0.008567:0.008982:0.006461:0.008121:0.009094:0.009062:0.009158:0.005409:0.008025:0.009158:0.006461:0.008647:0.007052:0.004371
NHS Resolution's Reserving and  Pricing Committee.:@0.536905:0.731313:0.899658:0.731313:0.899658:0.720728:0.536905:0.720728:0.010993:0.010498:0.007897:0.006461:0.009238:0.008057:0.006557:0.008982:0.003861:0.008647:0.005409:0.003654:0.008982:0.008727:0.003669:0.006414:0.006461:0.009158:0.007977:0.006557:0.007977:0.005297:0.007307:0.003861:0.008567:0.008982:0.006461:0.007802:0.008567:0.008982:0.004371:0.002521:0.008392:0.005201:0.003606:0.006972:0.003606:0.008567:0.008823:0.006382:0.009876:0.009349:0.014024:0.013737:0.003861:0.005664:0.005409:0.008344:0.008583:0.003462