RSA and Axa named as potential bidders for Quinn, according to reports

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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.

It follows a report in the Sunday Indepedent that a proposed takeover of the Quinn Group by Anglo Irish Bank is "dead in the water".

The newspaper added Irish Life & Permanent and a group backed by Munich Re - fronted by former Vivas boss Oliver Tattan - are also in the running.

A source told the Sunday Independent: "Anglo is a deeply damaged brand. No regulator could allow it to take over Quinn."

Last week it was reported that Anglo Irish was prepared to provide €700m in cash for the Quinn

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