IAG says underwriter had no authority to issue Greensill Bank trade credit policy

Chief Justice James Allsop 2022-02-21 5:21 pm By Christine Caulfield | Melbourne

Please login to bookmark

Insurance Australia Group has denied it owes Greensill Bank $48.5 million under a trade credit policy issued by its agent BCC, saying the underwriter was not authorised to enter into the policy.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au