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, while a spokesperson for Better Money , a brand within it , said they had been assured by QBE that cover had not been withdrawn , and a review had resulted in " very positive feedback " .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 " .
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while a spokesperson for Liberty House, a brand within GFG, said they had been assured by QBE that cover had not been withdrawn, and a meeting had resulted in "very positive feedback". According to sources, QBE had repeatedly asked for full financial information on the GFG Alliance and, after it was supplied, the insurer's global credit committee said it was "unable to continue providing full support".