Couple Accused of Using Theater Group’s Credit Card Settles With Insurer September 23, 2024 By William Rabb A Connecticut couple who previously lived in Tampa, Florida, has agreed to settle a subrogation lawsuit brought by Philadelphia Indemnity...
Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently April 4, 2022 Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did...
6th Circuit Rejects COVID-19 Business-Interruption Claim by Ohio Private Pre-Schools November 9, 2021 By Jim Sams The 6th Circuit Court of Appeals on Nov. 5 affirmed the dismissal of another lawsuit seeking coverage for COVID-19 business-interruption...
Tokio Marine Insurance Singapore Hit by Ransomware Attack August 19, 2021 Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber...
Insurer Tokio Marine Expects No Material Impact on 2021 Results from Greensill Collapse March 23, 2021 TOKYO – Japanese insurer Tokio Marine Holdings Inc said on Tuesday it currently expects no material impact on its results...
Greensill Capital Collapse Exposes Less-Than-Adequate Technological Capabilities March 22, 2021 By Lucca de Paoli Lex Greensill promoted his business as the future of finance, talking up a technology superior to Wall Street rivals that...
Greensill Capital Creditors, Led by Softbank, Submit More Than $1.4 Billion in Claims March 19, 2021 By Paulina Duran SYDNEY – Thirty-four creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, submitted over...
Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown March 19, 2021 By Patrick Winters and Taiga Uranaka Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended...
Credit Suisse Investors Express Concern About Fallout from Greensill Collapse March 16, 2021 By Brenna Hughes Neghaiwi, Carolyn Cohn and Oliver Hirt ZURICH — Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows...
Credit Suisse Risk Officer Discovered in February Greensill’s Insurance Would Expire March 16, 2021 ZURICH – Credit Suisse’s Chief Risk and Compliance Officer Lara Warner was not aware until late February that insurance related...