Australian insurer draws a line under Greensill with Credit Suisse settlement

IAG Resolves A$2.8 Billion Claim with Credit Suisse

Insurance Australia Group (IAG), an Australian insurance company, has settled a high-profile A$2.8 billion claim with Credit Suisse, a Swiss bank. This settlement concludes a significant test case for the global insurance industry, according to the report. The specifics of the settlement agreement were not detailed in the source.

Original Source: https://www.ft.com/content/e4f618c7-de09-429b-b9ed-b665730de937?syn-25a6b1a6=1