The IRS has issued (Rev. Proc. 2021-54) the discount factors for the 2021 accident year for use by insurance companies in computing discounted unpaid losses under section 846 and discounted estimated salvage recoverable under section 832.
Rev. Proc. 2021-54 also provides, for convenience, discount factors for losses incurred in the 2020 accident year and earlier accident years for use in tax years beginning in 2021. Rev. Proc. 2020-48 provided the discount factors for accident years before 2021.
If you have any questions, please reach out to your MarksNelson advisor.