Offshore insurers deny cutting rates to win ex-Quinn business
Two unrated offshore insurers said to be among the key beneficiaries of Quinn¹s problems in the UK have hit back at suggestions they are underpricing risks to win commercial business previously underwritten by the Irish firm.
The move came as the British Insurance Brokers¹ Association warned members they should be more cautious when using insurers with a low or no credit rating. Quinn Insurance pulled its credit rating
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