IAG 0.92% $7.52 insurance australia group limited

Ann: IAG provides an update on BCC Trade Credit Pty Ltd (BCC), page-34

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    from the AFR 22 March 2022. IAG is exposed to Greensil for a grand sum of $29,000!

    NAB Ventures owed $1m by Greensill

    “There were 34 initial financial claims submitted by the first creditors’ meeting on Friday. Insurance Australia Group, which previously held a stake in trade credit insurance outfit Bond & Credit Co (BCC), stuck its hand up for $29,000 in unpaid debts, while BCC put in a placeholder creditor claim for just $1.”
 
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