Quinn Insurance
Irish Quinn founder plans insurance return via Malta
Sean Quinn, founder of troubled Irish insurer Quinn, is understood to have acquired a Malta-based insurance licence to help his return to the insurance market.
Quinn founder plots insurance return with Malta-based Q2
Sean Quinn has acquired a Malta-based insurance licence which will allow him to return to the market in the coming months, it has been reported.
Solicitors' professional indemnity: Turning off the life support
Potential sweeping changes to the solicitors' professional indemnity market could see the controversial assigned risks pool scrapped. Jakki May investigates the effect on qualifying insurers hoping to turn a profit.
Sean Quinn in major High Court battle
Sean Quinn is set to be included as a defendant in a major High Court battle between his family and Anglo Irish Bank, according to the Irish Independent.
Quinn’s net loss increases to €905m
Quinn Insurance has increased the net loss made in 2009 by €200m to €905m to account for the pay-out to repay the banks and bondholders of the Quinn Group as part of its restructuring, according to accounts filed for the year ended 31 December 2009.
Contractors' exit for Paladin after 18 months
Montpelier-owned Paladin Underwriting Agency has exited its specialist contractors' account 18 months after its inception, Post has learnt.
Quinn set to issue UK policies until end of 2012
Quinn Insurance will continue issuing new UK policies until the end of 2012 even though the insurer's new owners are only buying its Irish operations, according to the Irish Independent.
€1.7m Quinn fees approved by Court
The joint administrators of Quinn Insurance have had their fees of €1.7m for the first three months of the year approved by the High Court.
Quinn Group records €888m loss in 2009
Quinn Insurance lost €644m (£557m) in 2009, taking the overall group’s losses for the year to €888m according to the Irish papers.
Insurers could cover part of €600m Quinn levy burden
The Central Bank is considering applying the Quinn Insurance levy to the international sales of Irish-regulated insurers, potentially reducing the demand on Irish policyholders to as little as €200m, according to the Irish Independent.
Irish brokers wary of Quinn business model after takeover
Uncertainty remains over the business model of the former Quinn Insurance, following its takeover by Liberty Mutual and Anglo Irish Bank, according to Irish brokers.
Post magazine – 5 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Irish brokers wary of Quinn business model after takeover - Insurance News Now – 5 May 2011
Post reporter Amy Ellis outlines this week's major general insurance stories including the uncertainty over the business model of the former Quinn Insurance following its takeover by Liberty Mutual and Anglo Irish Bank.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Quinn records €706m loss
The administrators of Quinn Insurance have announced the company lost €706m in 2009, the year before the administrators were appointed.
Quinn sale to Liberty signed
The joint administrators of Quinn Insurance, Michael McAteer and Paul McCann of Grant Thornton, have announced the acquisition by Liberty Mutual, a joint venture between Liberty Mutual and JVNewco, of QIL.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Irish policyholders to be hit by levy of up to 2% to pay for Quinn bailout
Consumers will be hit with an insurance levy to make up for a €620m (£548m) shortfall from the collapse of Quinn Insurance, it has been claimed.
30 staff to be cut as part of Quinn buyout
Thirty additional staff are set to lose their jobs at Quinn Insurance after a joint venture between Liberty Mutual and Anglo Irish Bank was confirmed as the preferred buyer for the business.
Sean Quinn rues "mistakes” across empire
Sean Quinn admitted he "made mistakes" in his business career while thanking supporters for the role they played in helping keep Quinn Group in business.
KPMG appointed as share receiver to Anglo in Quinn sale
Kieran Wallace of KPMG has been appointed as share receiver to Anglo Irish Bank and will take control of the Quinn family’s equity interest in Quinn Group.
Liberty Anglo announced as preferred bidder for Quinn - Manchester to close
A joint venture of Liberty Mutual and Anglo Irish Bank has been announced as the preferred bidder for the general insurance business of Quinn Insurance.
Sacked Quinn boss eyes return
A former Quinn Insurance manager is trying to get his job back following his sacking after allegedly accepting a bribe of a bottle of wine, according to the Irish Independent.