Australian regulators probe insurers in Greensill collapse as Marsh named broker

Credit: Shutterstock/T. Schneider

QBE has denied any exposure to supply chain financing firm Greensill, which filed for insolvency earlier this month, amid regulatory probes and legal challenges concerning the company’s collapse. Meanwhile, the Financial Times (FT) newspaper has named Marsh & McLennan as Greensill’s commercial insurance broker. Australian regulators APRA and ASIC said they are working together to untangle Greensill’s liabilities and the…

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