‘Serious problems were afoot’ at Greensill’s Australian insurer

Broker Marsh McLennan breached its own rules by failing to warn a client of Greensill Capital that it was “patently obvious” there were serious problems at an insurance agency linked to IAG, courts have been told in litigation flowing from Greensill’s collapse in early 2021, which left clients and creditors trying to recover billions of dollars via legal claims made against the firm’s insurers. More from The Australian Financial Review.