Insight and Intelligence on the London & International Insurance Markets

24 November 2017

Search archive

Greek MP asks questions on Ethniki as Exin Re staff paid

Adam McNestrie 7 November 2017

A member of the Greek parliament has posed questions to the country's finance minister about Exin's proposed EUR958mn ($1.10bn) acquisition of state-owned insurer Ethniki, citing concerns about "major liquidity problems" and issues with the recently submitted change of control request.

Exin strongly contested the suggestion that there are issues around the completion of the deal, and stressed that it had paid all outstanding liabilities that were legitimate.

The remarks came as Exin, the broad-based insurance group founded by Matt Fairfield...


If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership



Share:

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2017. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π