Grant Thornton
Quinn shortlists sale trio
Three investment banks have been shortlisted by Quinn Insurance to assist with the sale of the business, with a winner to be appointed by the end of the week.
Sampo denies Quinn rumours
Sampo has denied rumours it is in talks over purchasing troubled Irish insurer Quinn in the Finnish press.
Quinn confirms number of voluntary redundancy applications exceeds target
In a statement Quinn said that the deadline for receiving ‘expressions of interest’ for voluntary redundancy has now passed and it has advised the employee representative committees it will revert to all voluntary redundancy applicants no later than 14…
Quinn administrator biding time over redundancies
The true level of take-up for the offer of voluntary redundancy among Quinn Insurance staff may not be known until the second week of June.
Quinn job cuts look set to be minimised by large voluntary take up
The administrator of Quinn Insurance has received 700 applications for voluntary redundancy according to weekend reports.
Quinn administrator denies conflict of interest over debtor
Quinn Insurance administrator Michael McAteer denied there was a conflict of interest in his involvement with another firm that owed Quinn millions.
US insurance giant admits Quinn interest
US insurance giant Liberty Mutual has contacted the administrators of Quinn Insurance to express an interest in taking over the company.
Quinn plan handed in
A new business plan for Quinn Insurance to re-open its commercial insurance lines in the UK was handed to the Financial Regulator last week.
Top five Post stories
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Quinn administrator pulls plug on UK PI business
Quinn Insurance will not reopen its professional indemnity business in the UK despite the likelihood it will recommence underwriting other commercial lines.
Curtain falls on Quinn PI book
Quinn Insurance will not reopen its professional indemnity business in the UK despite the likelihood it will recommence underwriting other commercial lines.
Lorega hires ex-CILA head for new adjusting arm
Lorega has vowed to tackle the lack of new blood entering the loss adjusting sector after recruiting former president of the Chartered Institute of Loss Adjusters, Angus Tucker, to spearhead its own skills academy.
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.
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.
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.
Fraud - Recovering Monies: To catch a thief
Criminal prosecutions against a fraudster will rarely result in a commercial recovery — but there are more ways than one to skin a cat, as Nick Wood explains.
Quinn urges a reopening of UK business after High Court adjournment
The Quinn Group has welcomed the adjournment of the High Court hearing today which may have put its insurance business into full administration.
Quinn Insurance administration hearing delayed
The full hearing of the Financial Regulator's action to put Quinn Insurance into full administration has been postponed.
RSA and Axa named as potential bidders for Quinn
Dutch insurance giant Eureko, RSA and Axa have been named among the 20 or so predators circling the Quinn Insurance group, according to reports in Ireland.
Sean Quinn admits insurer is losing "an absolute fortune" due to uncertainty
The founder of the Quinn Group has admitted his insurance company is "losing an absolute fortune" in administration, with revenue dropping by as much as 80%.
Quinn UK ban to remain after Regulator given dossier on operation
The ban on Quinn Insurance from trading in the United Kingdom is not expected to be lifted today, according to reports in the Irish media.
Report says Quinn may have failed to reserve properly for claims
The Financial Regulator may refer breaches of insurance regulations uncovered in its investigation into Quinn Insurance to the office of the Director of Corporate Enforcement and the Garda Síochána. according to reports.
Quinn disputes figures and claims of "pre-emptive" and "aggressive" regulator
The Quinn Group has come out fighting, disputing the Financial Regulator's assumption that the UK business is currently unprofitable and that its decision to stop it underwriting will be "immensely damaging" unless reversed.
Central Bank deems Quinn Insurance sale a "reasonable prospect"
The head of financial regulation at the Irish Central Bank has said there is a “reasonable prospect that the administrator will look to put it [Quinn Insurance] up for sale” after the Financial Regulator instructed Quinn Insurance to stop writing new…