Redundancies
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.
Finnish insurer latest to be linked with Quinn bid
Anglo Irish Bank is in talks with Finnish insurance group Sampo, about a takeover of troubled Quinn Insurance.
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.
Finnish insurer latest to be linked with Quinn bid
Anglo Irish Bank is in talks with Finnish insurance group Sampo, about a takeover of troubled Quinn Insurance.
RBSI cuts are needed to keep up with others
The past seven days have seen two telling announcements from Royal Bank of Scotland Insurance.
RSA "ahead of curve" with cuts
RSA UK chief executive Adrian Brown has said the insurer's swingeing job cuts last year meant it was "ahead of the curve" in responding to the tough economic conditions.
NIG facing more cutsas RBSI sheds 2000
Broker-only insurer NIG could face a further rationalisation of staff and offices as part of a wider review of Royal Bank of Scotland Insurance, which will see its parent offshore for the first time.
RBSI to axe 2000 roles to "regain competitive edge," claims insurance CEO
Royal Bank of Scotland Insurance has revealed a proposal to cut 2000 jobs.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.
Job losses expected in wake of First City and AJG merger
A number of employees are set to lose their roles after Arthur J Gallagher’s takeover of First City, Reinsurance has learned.
GI job demand hits new high, although salaries go backward
Salary offers for new jobs dropped back below 2009s level, although demand from UK employers for new workers remained steady in April according to the Reed Job Index published today.
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 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.
Willis cuts 260 jobs
Willis slashed 260 jobs in the first quarter of 2010, the company said.
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.
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…
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.