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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
More than three-quarters of UK businesses have experienced financial losses caused by late payments, according to new research from Marsh…
#bad debt#late payments#Marsh
Marsh has recorded a $425 million charge linked to ongoing litigation stemming from the collapse of Greensill Capital, bringing renewed…
#Greensill#litigation#Marsh
Marsh McLennan, a leading re/insurance broker, has teamed up with the Ukrainian government and Lloyd’s to announce a significant expansion…
#bank#exporters#Marsh
The FT reported today that US private finance group White Oak, which is a global alternative asset manager specialising in…
#Greensill Capital#Marsh#supply chain finance
Marsh, an insurance broker and advisor, has launched a pilot of Risk Exchange, an insurance placement platform run by blockchain…
#blockchain#Marsh
The Receivables Exchange, the online marketplace for selling accounts receivable, has appointed Henry (Hank) Allen as the company s new…
#commercial finance#financial services#Marsh
With the demand for credit insurance levelling, the soft insurance market conditions are expected to continue. (more…)
#Clear#Marsh#risk
Guy Carpenter Company, a global risk and reinsurance specialist, has welcomed a number of experienced professionals to its newly restructured, London-based…
#information systems#Marsh#political risk
GE Commercial Finance has provided an invoice discounting and senior debt package to support the management buy-out (MBO) (more…)
#commercial finance#invoice#management
Davenham, the trade finance group, has celebrated its first year in Newcastle (more…)
#Business Development Manager#funding#Marsh