Price Hikes predicted as Supreme Court overturns Orient Express BI ruling

18 Jan 2021

The Supreme Court's decision to overturn the 2010 decion in Orient Express will, some say, provide greater clarity across the market.

Alistair Kinley has spoken to Insurance Post about Friday's groundbreaking judgment and explained that he expected claims will become more costly because of the reversal.

He said:

"....it is not because the businesses have lost more, but becasue the basis of valuing them has now become much more expensive..."

To read more of Alistair's thoughts on the judgment, please click here to be redirected to the Insurance Post website (subscription required).

 

 

 

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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Alistair Kinley

Alistair Kinley

Director of Policy & Government Affairs,
London


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