GREECE: Exin acquires AIG operations

Matt Fairfield's (re)insurance start-up Exin Partners has struck a deal to buyout AIG's interest in AIG Greece in a deal worth upwards of EUR100mn ($104mn), The Insurance Insider can reveal.

Banking sources told this publication that Exin had signed and closed the acquisition of AIG's 50 percent stake in the MGA through which it operated in Greece, as the global insurance giant continues to show a willingness to shed assets following a period of sharp activist pressure. Read the full story

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