Tokio Marine voids 'fraudulently obtained' Greensill policies
Tokio Marine has accused Greensill of fraudulently obtaining insurance policies and said it will “vigorously defend any claims against it” under the policies it has now voided.
Greensill, a supply chain finance company, collapsed in March last year after its financial backers withdrew their funding after it was unable to renew its insurance policies.
Tokio Marine said it
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