Tokio Marine says net exposure to Greensill remains unchanged
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Tokio Marine says net exposure to Greensill remains unchanged

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Tokio Marine said the net exposure of its Bond & Credit Company (BCC) to supply chain financier Greensill remains unchanged as it sought to allay concern the unit could face steep losses from the high-profile collapse.

In a statement the carrier said was in response to media speculation, Tokio Marine said it had reviewed the situation, including its reinsurance, and would not need to adjust its financial guidance for the next financial year.

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