Tokio Marine says Greensill coverage may not be valid: Report
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Tokio Marine says Greensill coverage may not be valid: Report

Samuel Casey
10 March 2021
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Tokio Marine has questioned the validity of the insurance contracts relating to the collapse of supply chain financier Greensill Capital amid investor concern about steep losses at the Japanese carrier.

The insurer told the Financial Times that its remaining exposure to the failed business was not large enough to justify revising its financial guidance for the year ending in March, and that a significant portion of its Greeensill-related risk...

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News M&A Tokio Marine
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Samuel Casey
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