IAG reveals $4.5 billion of Greensill legal claims


Business Insurance - Aug 22, 2023

Insurance Australia Group Ltd., which is ensnared in a litigation over the collapse of supply chain financing firm Greensill Capital Pty Ltd., said in its annual report on Aug. 21 that it has 20 claims with an aggregate value of $7 billion Australian ($4.5 billion) related to the cases, Financial Ti...

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...