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Indian
Govt appoints Kapur as CMD,NIA; Subramanian to head AIC
New Delhi: The government on Sunday has appointed Neerja Kapur, 58,...
Tata AIA Life Insurance expands presence in Dubai
The rep office will help Tata AIA assess the needs of the Indian...
Delhi HC adjourns “Singh Vs Govt of India” case to 23rd Jan
The outcome of the case, which has now been adjourned many times,...
General insurance industry’s premium grow 12% to Rs 24,471 crore in Aug
Gross premium underwritten by general insurance companies has gone...
International
Fully vaccinated people will no longer be required to quarantine after Covid exposure
Investors vie for windfall from rejected covid insurance claims
Distressed-investing funds and litigation-finance boutiques are likely to be spoiled for choice after a landmark U.K. court ruling last month rejected pleas from insurers looking to dodge pandemic payouts. They’re looking to finance or buy denied Covid-19 insurance claims for policyholders without the means or stomach for taking their insurers to court.
“This is going to be huge,” said Steve Cooklin, chief executive officer of London-based litigation funder Manolete Partners Plc, whose biggest shareholder is veteran distressed investor Jon Moulton.
EU expert group at odds over how to resolve tech, carmakers’ patent dispute
Tech firm Nokia and automaker Daimler are locked in battle in German courts over the level of royalties for key navigation and communications technologies and who should pay them.
The issues are relevant for the wider digital and electronics sectors and internet-connected devices in energy, health and smart manufacturing, prompting EU regulators to look into the matter.
German cabinet approves legislation to ban glyphosate from 2024
Glyphosate, first developed by Bayer’s Monsanto under the Roundup brand, has generated intense global debate over its safety since a World Health Organization agency concluded in 2015 that it probably causes cancer.
While regulators worldwide have determined glyphosate to be safe, Bayer agreed in June to settle nearly 100,000 U.S. lawsuits for $10.9 billion, denying claims that Roundup caused cancer.
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