November 29, 2022

Insurance coverage government alleges Greensill deceived him into

Insurance executive alleges Greensill deceived him into

Insurance executive alleges Greensill deceived him into

An underwriter who signed off on billions of {dollars} of insurance coverage insurance policies for Greensill Capital forward of its collapse has alleged that the finance firm “induced” him into offering cowl via “deceptive and misleading conduct”.

Greg Brereton, who labored for Sydney insurer Bond & Credit score Co, set out his defence in a courtroom submitting in response to a case introduced by US funding agency White Oak, which purchased a number of the money owed owed to Greensill Capital by metal group GFG…

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