Mastering Future Loss Calculations with the Ogden Tables

Introduction

The Ogden Tables are an essential tool for estimating future losses across key categories such as care, earnings and equipment. They provide life expectancy data and a range of multipliers reflecting different discount rates, enabling precise calculation of recurring costs over time, whether assessed annually or at longer intervals.

The tables also make it possible to determine the value of losses that may only materialise years after a trial or settlement. Given that all significant schedules reference the Ogden Tables, proficiency in their use is crucial for effective tort practice.

This webinar is aimed at those involved in high-value, complex claims arising from clinical negligence or personal injury.

What You Will Learn

This webinar will cover the following:

• An overview of the information the tables provide
• Consideration of life expectancy and its implications for the schedule
• Lifelong losses using the +0.5% discount rate
• Recurring losses at different intervals of time
• Losses of earnings and consideration of risks other than mortality
• Calculations, with examples, of the major heads of loss, including costs of care and accommodation claims