Insurance Post

Exin buys 75% stake in Ethniki as it looks to drive 'renaissance for the industry'

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Exin Financial Services has purchased a 75% stake in insurer Ethniki Hellenic General Insurance from National Bank of Greece for €718m (£631.8m).

National Bank of Greece will retain a 25% stake in Ethniki Insurance, which remains the bank’s exclusive bancassurance provider under a new 10-year partnership agreement for life, savings and non-life

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