Zurich welcomes legal validity finally given to financial interest cover in Adidas Indian case

Adidas store, R City mall, Mumbai, India

A potentially big step forward has been made towards giving risk and insurance managers at multinational companies assurance about the validity of their financial interest cover (FInC) by an Indian court, according to Martin Strnad, legal counsel for commercial insurance at Zurich. During the last 12 years, there has been a heated discussion in the international commercial insurance market about…

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