New name for Quinn following sale
Quinn Insurance will begin trading under the new name Liberty Direct on 7 November, according to reports.
An article in The Anglo-Celt said the decision on the new name was made in negotiations with bondholders which took place last weekend in Cavan, Ireland, where the insurer’s headquarters are located.
On 6 October the Irish High Court approved the sale of Quinn Insurance to a joint venture of US insurer Liberty Mutual and Anglo Irish Bank.
A Quinn Direct spokeswoman told the Anglo-Celt: “We are on track and the sale is expected to conclude in the coming weeks.”
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