Allianz Zurich Say They Have No Material Exposure to Radiant
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Insurers Allianz SE and Zurich Insurance Group AG, who had both written policies covering transactions tied to Radiant World, said they have no material exposure to the iron ore trader.
This statement comes amid concerns regarding the financial stability of Radiant World, but both insurers have reassured stakeholders of their limited risk.
AllianzZurichRadiant World
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“Insurers Allianz SE and Zurich Insurance Group AG, who had both written policies covering transactions tied to Radiant World, said they have no material exposure to the iron ore trader.”
Bloomberg — Allianz, Zurich Say They Have No ‘Material Exposure’ to Radiant