Live Breaking News & Updates on கிஂக்டம் ஆற்றல் ஹோல்டிங்ஸ்

Stay updated with breaking news from கிஂக்டம் ஆற்றல் ஹோல்டிங்ஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Greensill insurer Tokio Marine takes trade credit provisions


Greensill insurer Tokio Marine takes trade credit provisions
Share
Tokio Marine, the owner of the insurance group that guaranteed billions of dollars of securities packaged by Greensill Capital, has taken provisions for liabilities at its Australian trade credit business and confirmed it has hired external advisers to review its contracts with the supply-chain finance group.
The insurance group, which owns Sydney-based Bond & Credit Co, said on Thursday that it had swung to an annual loss in its Asia and Oceania business due to a “reserve provision for trade credit insurance in Australia”. Tokio Marine declined to comment on whether the provision was directly related to Greensill Capital, which collapsed in early March. ....

United Kingdom , Parduman Gupta , Sanjeev Gupta , William Wragg , David Cameron , Lex Greensill , United Kingdom Energy Holdings Ltd , United Kingdom Energy Holding , Cabinet Office , Credit Suisse , Atlantis Energy , United Kingdom Energy Holdings , Bond Credit Co , Greensill Capital , Bluestone Resources , Kingdom Energy Holdings , Kingdom Energy Holding , Kingdom Energy , Cabinet Secretary Simon Case , Prime Minister , ஒன்றுபட்டது கிஂக்டம் , சஞ்சீவ் குப்தா , டேவிட் கேமரூன் , ஒன்றுபட்டது கிஂக்டம் ஆற்றல் ஹோல்டிங்ஸ் லிமிடெட் , மந்திரி சபை அலுவலகம் , கடன் ஸ்யூயி ,