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Friday, March 19, 2021

Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown

Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended to limit losses didn’t cover its unit that did the most business with Greensill. Tokio’s Australia Bond & Credit Co. …

from News – Insurance Journal https://ift.tt/3tAwsLt
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