IAG has been hit with a $US35 million claim ($48.5 million) alleging the insurer has refused to pay out policies tied to the collapse of supply chain firm Greensill Capital.
Michael Frege, the insolvency administrator for Greensill Bank, has filed a lawsuit in the Federal Court suing an arm of Sydney-based IAG.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social 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
