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Market awaits Quinn fallout

Quinn Salford

Brokers, trade bodies and insureds in the UK and Ireland were seeking further clarification as to the true financial situation at Quinn's insurance businesses as Post went to press, amid mounting speculation that intermediaries are already seeking to move business currently underwritten by the company.

Following an application by the Financial Regulator in Ireland, the High Court in Dublin appointed Grant Thornton joint provisional administrators to Quinn Insurance on Tuesday. The Financial

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