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Market Chatter: AIG, Allianz, and Coface Set to Face Potential Claims Related to First Brands Bankruptcy
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Market Chatter: AIG, Allianz, and Coface Set to Face Potential Claims Related to First Brands Bankruptcy
Oct 10, 2025 4:42 AM

07:07 AM EDT, 10/10/2025 (MT Newswires) -- American International (AIG), Allianz, and Coface are among insurers preparing to face potential claims relating to the bankruptcy of First Brands Group, The Financial Times reported Friday, citing people familiar with the matter.

The insurers had policies that shielded trading partners or investors from losses through their trade credit businesses, leaving them exposed to First Brands' supply chain, the report said.

AIG, Allianz, and Coface did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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