Tokio Marine says net exposure to Greensill remains unchanged
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Tokio Marine says net exposure to Greensill remains unchanged

Anna Sagar
23 March 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
tokio_marine_japan_tokyo_logo_2022.png

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.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Pol risk, credit & surety Tokio Marine
AS
Anna Sagar
Reporter
Contact
Gift this article