The next chapter in PIDR reform? Guernsey moves to a multi-rate system

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From 14 August 2026, Guernsey and Alderney will introduce a new Personal Injury Discount Rate (PIDR) framework comprising three separate rates for different categories of future loss. The move makes Guernsey one of the few common law jurisdictions to adopt a heads-of-loss approach rather than a single discount rate….
By: Kennedys
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