Credit Suisse readies insurance claims on Greensill losses
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Tokio Marine said on Tuesday that it had a “general policy not to comment on individual policyholder relationships or policy terms”, but that it did not anticipate any material impact from Greensill’s collapse “for the 2021 fiscal year and onwards”.
“As stated in our update in March, we are actively investigating the validity of all policies and we are fully reserving our rights,” the insurer said.