12-04-2018 14:33 via insuranceinsider.com

Exin questions mount as exec walks and liabilities go unpaid

Questions about the resilience of Matt Fairfield's insurance
business Exin have multiplied after the executive lined up to
become CEO of takeover target Ethniki walked out and as liabilities
in the UK remain unsettled.
Fairfield is fighting for the future of the group after it was
unable to put together a fully financed proposal to buy a majority
stake in the Greek state-owned insurer by a crucial 28 March
deadline. Exin subsequently lost exclusivity in the process.
With the sale...
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