UK High Court Allows Suit Against Shell by Nigerian Farmers, Fishermen Over Oil Spills February 15, 2021 By Julia Payne and Kirstin Ridley The UK Supreme Court on Friday allowed a group of 42,500 Nigerian farmers and fishermen to sue Royal Dutch Shell...
UK Supreme Court to Rule This Week on Workers’ Rights for Uber Drivers February 15, 2021 By Costas Pitas LONDON — Britain’s Supreme Court will announce a decision on Feb. 19 in a case regarding workers’ rights at taxi...
Investors Eye Windfall From Denied COVID-19 Insurance Claims February 12, 2021 By Jef Feeley and Lucca de Paoli A growing market niche where investors profit from others’ legal troubles is getting a boost from Covid. Distressed-investing funds and...
Germany’s Cabinet Advances Bill to Ban Farmers’ Use of Glyphosate by 2024 February 12, 2021 By Maria Sheahan Farmers in Germany will have to gradually reduce their use of glyphosate and stop using it completely from 2024 in...
Irish Regulator Presses Insurers to Pay COVID-19 Claims Following Court Ruling February 12, 2021 By Padraic Halpin Ireland’s central bank governor told insurers to urgently honor and pay valid claims related to COVID-19 disruption, following a successful...
Finnish Insurer Sampo Books Q4 Loss on Banking Group Stake February 12, 2021 By Tarmo Virki Finnish financial group Sampo on Thursday reported a fourth-quarter loss as the company booked a 899 million euro ($1.09 billion)...
Zurich 2020 Profit Drop of 8% Reflects Pandemic, Catastrophe Claims February 12, 2021 By Brenna Hughes Neghaiwi Zurich Insurance’s new capital target disappointed market expectations on Thursday, even as claims related to the COVID-19 pandemic and higher...
EU Experts Hit Roadblock in Trying to Resolve Tech, Carmakers’ Patent Dispute February 12, 2021 By Foo Yun Chee European Union efforts to resolve a patent dispute between tech companies and carmakers have hit a roadblock after experts enlisted...
In Succession Move, Canopius Names AXA XL’s Robertson Deputy CEO February 11, 2021 Specialty insurer and reinsurer Canopius Group announce that Neil Robertson has been appointed Group deputy chief executive officer, with effect...
Securities Regulators Back International Climate Risk Disclosure Body February 11, 2021 By Huw Jones Global market regulators have thrown their weight behind plans for a new international standards body for company disclosures on climate...