Tokio Marine ready for litigation after Greensill collapse

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Tokio Marine, a multinational insurance holding company headquartered in Tokyo, Japan, has expressed concerns over the validity of the insurance policies at the centre of Greensill Capital’s collapse.

The insurer was pressed to comment after its investors demanded clarity on its remaining exposure to the London-based supply-chain finance group, which filed for administration on Monday. According to the Financial Times, Tokio Marine said its exposure to Greensill is limited and most of it is covered by reinsurance. 

Furthermore, the Japanese behemoth is now studying the validity of the policies it provided to the failing financial firm. This announcement, reported

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ICE and GamaSec partner for Asia cyber insurance venture

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GamaSec had previously collaborated with firms in Canada, Europe and South Africa for cyber security protection and insurance ventures in those markets before selecting ICE as its Asia partner. Meanwhile, ICE has been steadily growing in Singapore, offering insurance solutions to security issues both of a physical and cyber nature. It also has connections in the London market.

The partnership came about as COVID-19 highlighted the magnitude of cyber risk, with many businesses now placing it within their top five risks. The pandemic also increased the demand for digital technology, as more people are now working from home and conducting

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Marsh introduces head of sustainability, climate change strategy

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Global insurance broker and risk advisor Marsh has announced the appointment of Amy Barnes to the newly created role of head of sustainability and climate change strategy, effective April 01. Barnes will relocate to London from Houston and report to Lucy Clarke, president of Marsh JLT Specialty and Global Placement.

In her new role, Barnes will lead Marsh’s global strategy on the development of climate and sustainability-related initiatives for clients, with a specific focus on the impact of a changing physical risk landscape, improving access to capital for green initiatives, and a more thorough understanding of climate-related project risk. She

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Payments Cards & Mobile Jobs of the Week

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2021 is not messing around. The weeks and months are flying by, and that means that brighter times are coming! (Quite literally).

5 jobs you should really consider applying for

Anyway, with Spring in the air, you may be looking to change things up — a Spring clean of sorts. But no, we don’t mean throwing out old clothes or a wild new haircut — we mean a new job. Why the hell not? Don’t be put off by the Pandemic… companies are hiring at the moment, and the jobs are pretty cool.

We’ve done up a bit of a

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