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IAG to be hit with more Greensill-related insurance claims

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White Oak is planning to file several new legal claims in Australia alleging that Greensill Capital’s insurers were aware there were problems with the collapsed firm’s insurance policies but didn’t tell the US financier, courts have been told.

Dozens of lawyers attended a Federal Court hearing in Sydney on Tuesday to sort out how 10 existing legal claims filed against Insurance Australia Group should proceed. The court heard on Tuesday that IAG could be hit with more claims.

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/iag-to-be-hit-with-more-greensill-related-insurance-claims-20231024-p5eeme