Updates/Latest News

RIMS: Fighting Cyber Insurance Denials Over the “Human Factor”RIMS:

Fighting Cyber Insurance Denials Over the “Human Factor”

India: Supreme Court Judgement: COMMISSIONER OF CENTRAL EXCISE BELAPUR APPELLANT(S) VERSUS JINDAL DRUGS LTD. RESPONDENT(S) (CIVIL APPEAL NOS. 788-790 OF 2022 – APRIL 30, 2024) – Does the process labeling/ relabeling amount to manufacturing?

“According to the third member, any one of the three activities referred to in Note 3 i.e. (i) labelling or relabelling, (ii) packing or repacking from bulk and retail packing and (iii) adoption of any other tr...

THOMSON REUTERS: Legal terms glossary

Legal terms glossary

MOODY’S: The 10 major risks shaping insurance today

The 10 major risks shaping insurance today

World Economic Forum : The Global Risks Report 2024

The Global Risks Report 2024 ; 19th Edition

India: NCDRC: Judgement: Bank held liable for delay in insurance purchase

SBI Vs Saraswati Paul:  “In view of the foregoing, it is manifest that the petitioner Bank erred in delaying in obtaining the insurance cover on behalf of the respondent/complainant. This was a defic...

JD Supra: Major Ruling: Illinois Supreme Court Provides Clarity and Changes Precedent on CGL Coverage for Defective Work (Positively Affecting Real Estate Developers and Community Associations)

India: Supreme Court: Judgement- Saurashtra Chemicals Ltd. (Presently known as Saurashtra Chemicals Division of Nirma Ltd.) VERSUS National Insurance Co. Ltd.

It is a settled position that an insurance company cannot travel beyond the grounds mentioned in the letter of repudiation. Link to the judgement here

JDSUPRA: The Ins and Outs of D&O Indemnification Agreements

INDIA ; SUPREME COURT: NEW INDIA ASSURANCE CO. LTD. & ORS. APPELLANTS VERSUS M/S. MUDIT ROADWAYS RESPONDENT: JUDGEMENT

“In the realm of risk and uncertainty, individuals and organisations seek solace in the bastion of insurance – a covenant forged on the bedrock of trust. Trust serves as the cornerstone, forming the essence of ...