Η Attica Bank Ανώνυμη Τραπεζική Εταιρεία ενημερώνει το επενδυτικό κοινό, σε συνέχεια των ανακοινώσεων της 27/04/2021 και της 14/05/2021 και αναφορικά με την τιτλοποίηση «Ωμέγα», ότι ολοκληρώθηκε η πώληση  του 69% των μετοχών της Thea Artemis Financial Solutions (TAFS), εκ των οποίων 49% ιδιοκτησίας της εταιρείας DDM AG και 20% της Attica Bank, σε εταιρεία της Ellington Solutions S.A. που είχε καταστεί προτιμητέος επενδυτής, στο πλαίσιο πραγματοποίησης σχετικής διαδικασίας προσφορών.

Από την ανωτέρω συναλλαγή, το κέρδος για την Τράπεζα εκτιμάται ότι θα ανέλθει σε 1 εκατ. ευρώ. Η επίδραση της συναλλαγής αυτής στην χρηματοοικονομική θέση και τα αποτελέσματα της Τράπεζας, θα απεικονιστεί στις ενδιάμεσες συνοπτικές Οικονομικές Καταστάσεις της 30ης Σεπτεμβρίου 2021.

Με την επιτυχή ολοκλήρωση της επωφελούς αυτής συναλλαγής, η Attica Bank προχωρά, πλέον, με απόλυτη προσήλωση στην υλοποίηση της στρατηγικής της για την πλήρη εξυγίανση και θωράκιση του ισολογισμού της και, παράλληλα, επιταχύνει την εφαρμογή του Σχεδίου Μετασχηματισμού της, βάζοντας ισχυρές βάσεις για κερδοφόρο ανάπτυξη.

Η Τράπεζα θα ενημερώνει το επενδυτικό κοινό για την πρόοδο και τα επόμενα στάδια ολοκλήρωσης της τιτλοποίησης «Ωμέγα».

Chubb has appointed Richard Barnett Executive Vice President, head of North America Construction Surety. In this capacity, Mr. Barnett will be responsible for the underwriting, strategy and product management of construction surety products and services offered through Chubb's global large accounts segment.   

Chubb is the fifth largest surety underwriter in the U.S., representing more than 70 of the Engineering News Record top 400 contractors. The business offers a wide variety of surety products and specializes in underwriting both commercial and contract bonds and has the capacity for bond issuance on an international basis.

Based in Whitehouse Station, N.J., Mr. Barnett will report to Stephen Haney, Vice President, Chubb Group, and Division President North America Surety, and Chief Underwriting Officer, Global Surety.

"Rich has close to four decades of global surety experience, with 35 years of them being at Chubb," said Mr. Haney. "Having someone of his caliber and global underwriting experience in this role will help us  continue to provide qualifying firms the surety capacity needed to support a wide range of projects."

Prior to this appointment, Mr. Barnett served as Surety Director of Engineering and Construction, where he had underwriting responsibility for Chubb's large construction clients. He began his career at Chubb in 1986 as a Surety Underwriter, and throughout his tenure at Chubb has held a number of leadership roles with increasing responsibilities in North America and internationally. He earned a bachelor's degree in business administration and economics from Wartburg College, Waverly, IA, and holds a Chartered Property Casualty Underwriter (CPCU) designation.

Argo Group International Holdings Ltd. (NYSE: ARGO), an underwriter of specialty insurance, announced an agreement to sell the renewal rights of its contract binding property and casualty business to Mesa Underwriters Specialty Insurance Company (MUSIC), the excess and surplus lines subsidiary of Selective Insurance Group Inc. (NASDAQ: SIGI).

“This transaction supports the company’s strategy to simplify the business,” said Marsh Duncan, Argo Group, president, excess and surplus. “We are pleased to have reached an agreement that provides a smooth transition for our brokers and insureds.”

As a part of the transaction, the Argo contract binding team will have the option to join MUSIC and continue to serve this market. Argo Group will continue to honor and service all policies currently in force.

“Expanding our contract binding book of business is a natural evolution of our growth strategy, further ensuring MUSIC’s continued success,” said Jeff Kamrowski, executive vice president, MUSIC. “We are dedicated to our specialty insurance customers and are excited for the opportunity to offer our customized insurance solutions, stellar customer service, and superior claims handling to new contract binding accounts at renewal. This opportunity and trust that Argo places in MUSIC underscores our strong reputation and solid performance in the marketplace.”

The terms of this transaction were not disclosed.