Quinn Insurance
Quinn defends underwriting loss
Draft unaudited accounts show Quinn Insurance underwriting losses of €127m on in 2009 and a write-down of certain assets of €677m.
Quinn defends underwriting loss
Draft unaudited accounts show Quinn Insurance underwriting losses of €127m on in 2009 and a write-down of certain assets of €677m.
Quinn Insurance losses hit €788m
Quinn Insurance has reported that it made a loss of €788.4m for the last year.
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.
Insurers show hands over PI renewals
RSA has confirmed it has closed its doors to new clients looking for solicitors' professional indemnity insurance.
Am Trust makes two appointments
Am Trust Europe has appointed Laura Mansfield as new business development manager to cover its brokers in the Midlands, Wales and Northern Ireland.
MGA Ink to target small solicitor firms with new PI facility
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance market".
Call for solicitors to act as PI renewal deadline looms
Solicitors have been urged to get on with securing professional indemnity insurance with only a month left until the PI insurance renewal date.
Travelers to take on Quinn PII
Travelers has struck an exclusive agreement with Quinn’s former broker, Prime Professions, to offer cover to sole practitioners who are no longer covered after Quinn’s departure from the market, the Law Society Gazette reports.
Quinn sale weeks behind schedule
The full information memorandum which was meant to be given to potential buyers by the end of July has not arrived, the Irish Independent reports.
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.
Anglo Irish to submit Quinn takeover plan by mid-August
Anglo Irish Bank is "within weeks" of presenting the Financial Regulator with a firm plan for its takeover of Quinn Insurance, the Irish Independent reports today.
Marsh: "grotesque" solicitors impacting whole PI market
Marsh has called for solicitors firms that fail to buy professional indemnity cover to be shut down — and labelled their continued trading as "grotesque".
Top five Post stories
The five most popular stories at postonline.co.uk over the past seven days were:
Aviva and RSA among firms studying Quinn bid memo
UK insurance giants Aviva and RSA have been named among the potential bidders for Quinn Insurance, according to a report this morning.
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.
75 Northern Irish Quinn jobs saved
The Northern Ireland Executive has welcomed an announcement that 75 planned redundancies at Quinn Insurance in Enniskillen will not now be implemented.
Quinn: PI insurers losers after defeat
The Solicitors Regulation Authority has welcomed the Court of Appeal's decision to uphold an earlier ruling denying Quinn Direct access to confidential information on a small firm of solicitors that it insured.
Top five Post stories
The five most popular stories at postonline.co.uk over the past seven days were:
Quinn loses legal battle
A Court of Appeal judgment will have major implications for insurers seeking access to confidential documents that could enable them to refuse indemnity according to law firm Browne Jacobson.
Quinn faces massive claim after Burger King factory blaze
Quinn is set to face a significant claim after a factory used by fast food giant Burger King was destroyed by fire, it has emerged.
Quinn faces massive claim after Burger King factory blaze
Quinn is set to face a significant claim after a factory used by fast food giant Burger King was destroyed by fire, it has emerged.
Post in print - 15 July 2010
Post reporter Leigh Jackson outlines the main news from this week's issue of Post.