Family faces £250,000 bill after insurer rejects claim for wrecked home

A family has been left facing a bill of more than £250,000 after floors collapsed during a loft extension and their builder’s insurer...

Billions at stake and no one knows who takes the hit: when is Greensill...

There are echoes of 2008 in the Greensill Capital collapse. Since the global crisis, most financial company failures have been localised implosions. Wirecard,...

Covid life insurance claims hit profits at L&G

Covid-19 has wiped £228m off operating profits at life insurer Legal & General due to hits to its insurance and housebuilding operations, but...

Tokio Marine questions validity of Greensill insurance

Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid in...

Thousands of steel jobs at risk in UK and Australia amid dispute over Greensill...

More than 35,000 jobs, including thousands at steel mills in Britain and at Whyalla in South Australia, are at risk as GFG Group,...

Australia’s IAG denies exposure to Greensill after share plunge

Insurance Australia Group said it had no “net insurance exposure” to policies sold to Greensill Capital on Tuesday in response to a 10...

Apollo/Athene: big, fat Greek wedding

New company should have better aligned incentives and will be a one-of-kind institution READ SOURCE

Apollo to merge with Athene creating $29bn conglomerate

Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming...

Hedge fund ‘warned Australian regulator’ about Greensill

A short-selling hedge fund manager raised concerns with Australia’s financial regulator about Greensill Capital three months before the London-based financial group warned it...

Your car in the Covid lockdown: how to save on insurance and more

We are a year into the coronavirus pandemic and, as a result of our changing lives, some of us have used our cars...

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