Quinn Insurance
Regulator waits on UK plan
Quinn Insurance's administrators are to spend at least a week on actuarial analysis of the UK commercial lines market before submitting plans to the Financial Regulator about it re-entering further selected lines.
Sean Quinn speaks out on redundancies
Founder of Quinn Group Sean Quinn has spoken out about the impending job losses at Quinn Insurance.
Half of Quinn's Manchester staff face redundancy
Almost half of Quinn Insurance’s Manchester staff have been told they face redundancy as part of the 900 losses announced earlier today.
Quinn Insurance announces redundancy programme affecting 900 people
The Joint Administrators of Quinn Insurance today announced that the company is beginning a consultation process on a proposed redundancy programme affecting approximately 900 people.
Quinn CEO admits insurance arm would be best served by new owner
The boss of Quinn has admitted that Quinn Insurance could be best served by a trade sale.
Quinn Insurance employees to learn their fate today
Quinn Insurance workers are to be briefed later today on the scale of the redundancies facing the company arising from its insolvencies issues, the Irish Times has reported.
Quinn UK motor volumes slashed
Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.
Quinn UK motor volumes slashed
Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
Quinn to lay off 800, claims report
Grant Thornton, the administrators of Quinn Insurance, plan to make about 800 staff redundant as part of a major downsizing of the insurer, it has been reported.
Quinn employees set to hold further meetings with politicians tomorrow
In a statement Quinn said employees are holding meetings with politicians North and South of the border on 29 April, to express its concerns at the ongoing situation regarding the UK ban of which 90% is still being imposed.
Speculation mounts over Quinn takover by UK construction giant
Construction firm Laing O’Rourke has held talks with the Quinn Group amid continuing speculation about a takeover of parts of its beleaguered business, according to reports in the Irish press.
Post in print - 29 April 2010
Post reporter Leigh Jackson provides a quick overview of this week's news including: Ex-Hero boss plans start-up, UK market facing £600m hole with no Quinn, HSBC facing Marsh cull, Chartis CEO scans Europe for new HQ and political parties outline their…
Quinn investigation now focuses on loans
The Financial Regulator is concentrating on two areas relating to guarantees given by Quinn Inusrance's subsidiaries to the wider Quinn group as its investigation nears a close.
Grant Thornton: some Quinn UK lines will see no rate hikes
The adminstrator of Quinn Insurance has hit back at suggestions it plans wholesale increases across all of its UK business, if and when it is allowed to trade again.
Quinn investigation now focuses on loans
The Financial Regulator is concentrating on two areas relating to guarantees given by Quinn Inusrance's subsidiaries to the wider Quinn group as its investigation nears a close.
Two aggregators relist Quinn as ban is relaxed
Confused and Compare the Market have allowed Quinn back onto their panels after the Financial Regulator gave Quinn Group the green light to write motor insurance cover for provisional driving licence holders in the UK.
UK market facing £600m hole with no Quinn
As much as £600m of high-risk motor business could return to the market if Quinn Insurance is not allowed to fully re-enter the UK, according to research by Consumer Intelligence.
Quinn customers and suppliers set to stage lorry demonstration
A demonstration of 300 lorries representing 170 companies will take place tomorrow on behalf of customers and suppliers of the Quinn Group and Quinn Insurance.
FSA reassured over Quinn as administrator plans 20% UK rate hikes
The Irish Government has written to the Financial Services Authority to assure it that any funding needs which emerge at Quinn Insurance’s business there will be met.
Quinn to elect staff reps in light of redundancies
Quinn Insurance has said it will work with employees to formally elect employee representatives for each of its sites to ensure staff views are incorporated into their assessment and decision-making process.
Quinn Insurance administrator prepares staff for cuts
The administrator of Quinn Insurance has indicated that it will have to cut jobs to keep the business viable.
Quinn welcomes regulator's decision
Quinn Insurance has welcomed the Financial Regulator's decision to allow it to begin offering private motor insurance cover for provisional licence holders in the UK.