Grant Thornton
Post Magazine – 17 March 2011
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Quinn attracts three suitors
Three proposals for the purchase of Quinn Insurance have been submitted to Ireland's finance minister Michael Noonan, according to the Irish press.
New rating factors needed after European gender ban
Insurers will have to look at additional rating factors now that gender is not an option, following the European Court of Justice ruling that a person's sex can no longer be used to calculate insurance premiums or annuity rates.
Insurers warned to make most of 2012 leeway following gender ruling
Grant Thornton has warned insurers that attention to the change-over timing will be needed, following the European Court of Justice ruling on gender.
ECJ ruling delivers blowover outsourcing VAT costs
VAT experts have predicted insurance companies could be liable for increased costs, after being dealt a blow by the European Court of Justice.
Quinn administration fees approved
Further fees have been agreed for the joint administrators, Grant Thornton in charge of Quinn Insurance, according to the Irish Times.
Quinn administration fees approved
Further fees have been agreed for the joint administrators, Grant Thornton in charge of Quinn Insurance, according to the Irish Times.
Grant Thornton promotes Chris Gagg
Mr Gagg has been promoted to director of the financial services group at Grant Thornton.
The Insurance Fraud Awards 2010 - winners announced
Over 380 of the great and the good from the general insurance industry's fraud detection and prevention sector gathered in London last night for Post's Insurance Fraud Awards 2010.
London remains "key location" for insurance industry
A new report into the issue of domiciles for property & casualty insurers and reinsurers has found access to markets was overwhelmingly the key criteria.
Quinn UK ban ‘positive’ for prospective buyers
The decision not to allow Quinn Insurance to re-enter the UK commercial lines market is a positive step for its potential sale and the rest of the UK market, according to observers.
Editor's comment: Chartis an unlikely saviour
With businesses warned only last week against complacency following another high-profile failure in the UK — this time social housing giant Connaught — news of being able to secure up to £10m in short-term loans from trade credit insurer Chartis will…
Board of Quinn Group said ban on UK commercial lines “should be reconsidered”
The Board of Quinn Group said it is very disappointed by the decision of the Central Bank and Financial Regulator not to allow the company to recommence writing commercial lines business in the UK and Northern Ireland.
Six months on: clarification on Quinn in UK
Quinn Insurance's future as a commercial lines insurance provider in the UK is expected to become clearer by the end of the week, Post understands.
Non-insurance subsidiary companies of Quinn could be sold off seperately
According to Quinn's administrators the non-insurance subsidiary companies of Quinn Insurance – which could be worth up to half a billion euro – could be sold off as separate entities, the Irish Times has reported.
"Business as usual" at Quinn
A court heard the latest report from the joint administrators of Quinn Insurance that it is "business as usual" while they continue to retain merchant bankers to advise them on any prospective sale of the group, reported the Irish Independent.
Quinn jobs saved after business picks up
Seventy-five jobs at Quinn Insurance in Enniskillen, Co Fermanagh, which were to be lost will now be saved, it has been reported.
Quinn jobs saved after business picks up
Seventy-five jobs at Quinn Insurance in Enniskillen, Co Fermanagh, which were to be lost will now be saved, it has been reported.
Quinn's business model was "deeply troubled"
A senior official at the Financial Regulator said its concerns about the insurer were not simply limited to intergroup loans and guarantees, the Irish Independent reports.
Quinn redundancies
The administrators for Quinn Insurance will not be enforcing compulsory redundancies at the beleagured insurer, after enough voluntary redundancies were taken up.
Five directors leave Quinn
Five directors have left the board of Quinn Group since the end of April, the Irish Times has reported.
Macquarie appointment
The appointment of advisory firm Macquarie for the sale of Quinn Insurance was set to be finalised as Post went to press on Tuesday.
Macquarie named as adviser for Quinn Insurance sale
The High Court has granted Quinn Insurance's administrators permission to appoint Macquarie Capital Europe to advise on the prospective sale of the group.
Quinn administrators costs approved by High Court
The High Court has approved the costs to date incurred by the two joint administrators appointed to run the Quinn Insurance group, according to reports from Ireland.