Senior Executive,
Technical Underwriting
The LMA International Bodily Injury Index is a three-year strategic project developed by the LMA’s International Liability business panel.
Its purpose is to help track trends in personal injury awards across 80+ jurisdictions across the world (excluding the USA) – as a means of monitoring social inflation. We cover 26 European countries, 20 countries in Latin America & Caribbean, 10 in Africa and 22 in Asia. In addition, the index provides state-level data for Australia and provincial data for Canada.
Running from 2024 for an initial three-year period, the project will collect data annually to build an index. The index will be a valuable resource for members to track severities, compensation claims and jurisdictional variances, international comparisons and benchmarking.
In cooperation with law firm DAC Beachcroft and its network of associate firms, we have developed average damages/compensation that would be awarded by a court to a hypothetical claimant:
Hypothetical claimant profile
The victim is a 40-year-old professional male. The victim is married with two children. He is an office worker in a major city and earns the average salary in your jurisdiction; he is the primary earner for his household.
The accident occurred when the victim was on the defendant’s premises as a visitor (member of the public). Liability is not in dispute. A claim has been successfully brought into court by the victim and his family.
The index provides data for the following scenarios:
The index is available by subscription. If you would like to have access, contact Chris Mather or Ida Celentano.
DISCLAIMER
This personal injury index has been prepared on the basis of information provided to the Lloyd’s Market Association by DAC Beachcroft, and other law firms instructed by them (together the “Parties”). The information is based upon a theoretical set of examples and has been assessed by the law firms on the basis of their experience of similar scenarios in their jurisdiction. As such the figures are best estimates but the Parties do not accept any liability to users or third parties for the use of the data, or any errors, omissions or inaccuracies therein. Professional advice should always be obtained before applying the information to particular circumstances.
