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Credit Suisse has reportedly secured approximately US$800m in a settlement involving insurance broker Marsh and trade credit insurers over the collapse of Greensill Capital, while a fresh US regulatory filing shows Marsh recorded US$569m of charges linked to the wider...
#Credit Suisse#Greensill Capital#Insurance Australia Group
Insurance Australia Group has agreed a confidential settlement with Credit Suisse entities in one of the largest remaining insurance disputes…
#BCC Trade Credit#credit risk#Credit Suisse
Insurance Australia Group has said a settlement with Credit Suisse entities over Greensill-linked trade credit insurance litigation has not been…
#BCC Trade Credit#Credit Suisse#Greensill Capital
BB Energy has said it has received irrevocable award letters from South Sudan for two crude cargoes due before November,…
#BB Energy#commodity finance#crude oil
A London court has rejected BB Energy’s attempt to block the sale of three South Sudanese oil cargoes worth around…
#BB Energy#commodity finance#creditor risk
Marsh has recorded a $425 million charge linked to ongoing litigation stemming from the collapse of Greensill Capital, bringing renewed…
#Greensill#litigation#Marsh