Editor's Comment: Quinn raises responsibility issue

Andrew Tjaardstra editor PB

The Editor's comment by Andrew Tjaardstra

When Ireland's Financial Regulator called in the administrators to run Quinn Insurance, few in the UK broking profession were surprised. The rumour mill had been in overdrive regarding the business since it pulled out of its Moody's rating in July 2008. Many were reticent to do business with the insurer and many lambasted it for pricing unrealistically.

Yet its core business in Ireland appeared strong and was therefore perhaps able to prop up ambitious growth in the UK. With the Financial

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