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Brokers react to Quinn return

sean-quinn

Rumours of Sean Quinn making a return with an offshore insurance vehicle have caused a furore throughout the UK insurance market, with some brokers demanding preventative regulatory action.

It was reported in the Irish press that Mr Quinn was planning to set up shop in Malta with a new venture, imaginatively called Q2. Despite the Malta Financial Services Authority firmly stating it has no record whatsoever of any application being made by either Mr Quinn or any of his known associates, many seem to believe his resurrection is inevitable.

Surprisingly, the idea of Mr Quinn making a comeback in the UK prompted a mixed response from brokers. In an insuranceage.co.uk poll, 25% of

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