The National Treasury Management Agency (NTMA) has published its 2024 mid-year business update alongside its 2023 Annual Report, which provides a review of activities across the range of its business functions, including the State Claims Agency.
Mid-Year Business Update Highlights
The State Claims Agency is the name given to the NTMA in managing personal injury and third-party property damage claims against the State and State authorities, as delegated by Government, and providing related risk management services. It also manages claims for legal costs against the State and State authorities, as delegated, however so incurred.
Key highlights relating to the State Claims Agency include:
- Managing a portfolio of 11,137 active claims across its general and clinical claims portfolios at end-2023. The State Claims Agency resolved 3,410 claims in 2023
- Fifty-five per cent of claims resolved were resolved without court proceedings
- The State Claims Agency continued to pursue mediation as an alternative to the formal court process through 2023, particularly with regard to complex clinical claims. Forty-one per cent of claims concluded by the Clinical Claims Unit in 2023, where damages were paid, involved a mediation process
- The Legal Costs Unit settled 1,447 claims for legal costs incurred by third parties, achieving a 40% reduction on the amounts initially claimed
NTMA Annual Report 2023
The following extract from the NTMA Annual Report relates to the State Claims Agency.
View report