Credit Risk Insurance

IAG confirms zero publicity to Greensill collapse

Australian insurer IAG stated it had no web insurance coverage publicity to commerce credit score insurance policies linked to the collapse of economic companies agency Greensill Capital. Greensill, who makes a speciality of provide chain finance, filed for administration earlier this week after warning he was in “severe monetary misery” …

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Australia IAG Denies Greensill Publicity After Shares Fall

Insurance coverage Australia Group mentioned it had no “web insurance coverage publicity” to insurance policies offered to Greensill Capital on Tuesday in response to a ten p.c drop within the share value amid issues over its ties to the London monetary group that collapsed. The Australian insurer advised traders that …

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PolicyWorks modifications model title to ViClarity

Supply: Shutterstock. After turning into a worldwide group, regulatory compliance consultancy PolicyWorks LLC formally modified its title final week to ViClarity. In early 2020, Des Moines, Iowa-based PolicyWorks bought ViClarity, primarily based in Kerry, Eire, a worldwide supplier of governance, danger administration and compliance software program options applied sciences for …

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Nat cats’ danger could develop into much less insurable sooner or later: Fitch

Fitch Scores analysts imagine pure catastrophe dangers could develop into “much less insurable” sooner or later because of the results of local weather change, in addition to components similar to insurance coverage density and financial progress. Re / insurers will possible want to extend premiums in response to the rising …

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