Australian insurance company QBE has reduced trade credit insurance cover to some members of the GFG Alliance . Insiders said major suppliers within the group were unaffected , while a spokesperson for Better Money , a brand within it , said they had been assured by QBE that cover had not been withdrawn , and a review had resulted in " very positive feedback " . One source told AFR that while QBE was reducing cover, it was in talks with key customers “to find a solution without completely withdrawing” unilaterally, while another person said that cover was being suspended for two weeks for some smaller suppliers but was intact for major suppliers. According to reports , QBE had repeatedly asked for full financial information on the GFG Alliance and , after it was supplied , the group 's global credit committee said it was " unable to continue providing full support " .
Australian insurance company QBE has reduced trade credit insurance cover to some members of the GFG Alliance . Insiders said major suppliers within the group were unaffected , while a spokesperson for Better Money , a brand within it , said they had been assured by QBE that cover had not been withdrawn , and a review had resulted in " very positive feedback " . According to reports , QBE had repeatedly asked for full financial information on the GFG Alliance and , after it was supplied , the group 's global credit committee said it was " unable to continue providing full support " .