WebAug 16, 2024 · ZURICH, Aug 16 (Reuters) - Credit Suisse (CSGN.S) said on Tuesday its asset management arm had filed 18 insurance claims in respect of the frozen supply … WebApr 1, 2024 · Two Credit Suisse sources told Reuters in May 2024 and in January 2024, just two months before Greensill and the fund collapsed, that Credit Suisse had independently confirmed insurance cover was ...
Greensill creditors turn focus to crucial insurance test case ...
WebMar 2, 2024 · Another factor in Credit Suisse’s decision to suspend the funds: Greensill’s insurance policies, which provide protection in case assets default, lapsed in recent days, according to some of ... WebMar 8, 2024 · The private equity firm had invested $250 million in Greensill Capital in 2024. The following year, Greensill made a $350 million loan to General Atlantic, using money from the Credit Suisse funds ... dutch realism
Insurer fired staffer who signed Greensill contracts
WebApr 1, 2024 · The debt Credit Suisse bought was issued by Greensill and backed by loans the supply chain finance firm made to companies. To manage its risk, Greensill took out credit insurance with a subsidiary of Insurance Australia Group (IAG). Tokio Marine took on the policies in 2024 when it bought the unit. WebApr 13, 2024 · Durante ese mismo fin de semana, el Federal Deposit Insurance Corporation (FDIC) ... Por una parte, la quiebra de la firma británica Greensill Capital en 2024 dejaba a Credit Suisse un agujero de cerca de 10.000 millones de dólares, de los cuales, hasta ahora, ha podido recuperar 7.400 millones, si bien se enfrenta a … WebJan 18, 2024 · Despite the Greensill setback, the use of credit insurance products to enhance platform-based transactions has a bright future. Credit insurance may be an extremely valuable mitigant in well ... dutch realty