References in periodicals archive ?
The analysis, which examined more than 550 Periodic Payment Orders (PPOs) and over 8,000 large claims, reveals that the number of PPOs granted by UK courts in 2015 was similar to that of 2014, but substantially lower than the 2011 peak.
Willis Re said larger, more serious bodily injury claims are increasingly being settled by periodic payment orders (PPOs), which are paid at regular intervals over the lifetime of someone who has been injured, rather than a one-off sum.
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has launched a new tool to help insurers quantify their exposure to Periodic Payment Orders (PPOs) which settle motor injury claims in the UK.