The provision is the best estimate of the expenditure required to settle the present obligation at the balance sheet date or transfer to a third party (for claims made and predicated to be made, so called ‘incurred but not reported claims’). The figure is updated …
This is a process of collecting necessary information about business systems, processes, functions, resources and people to identify how they may be impacted by an event.
The Maternity Incentive Scheme Collaborative Advisory Group (CAG) was established by NHS Resolution to bring together other arm’s length bodies and the royal colleges to support the delivery of the Clinical Negligence Scheme for Trusts Maternity Incentive Scheme and has also advised NHS Resolution on …
Personal injury discount rate (PIDR)
The Property Expenses Scheme (PES) indemnifies NHS members for property claims.
Office for Budget Responsibility (OBR): https://obr.uk
The NHS Litigation Authority is the legal name of NHS Resolution.
The National Clinical Assessment Service (NCAS), now known as our Practitioner Performance Advice service.