Quinn Insurance
Quinn may have to raise commercial rates by 3000% to secure UK re-entry
Quinn Insurance may have to increase rates on its UK commercial premiums by 3000% to secure regulatory approval to re-enter the market.
News Analysis: Brokers swarm ExCeL at Biba 2010
Emmanuel Kenning reviews a successful Biba conference at which brokers networked with insurance leaders and debated what the future holds under the new Conservative-Liberal Democrat coalition government.
Power hour: Life after Quinn
This month's power hour sees our panel of experts discuss the fallout for brokers following the problems at Quinn Insurance. Liz McMahon reports.
Agenda: Travelling on a dodgy passport
The Quinn saga came as no surprise to most of us in the industry. The position at the time of writing is that the UK business of Quinn is in run-off and the Irish parent company is in administration.
Quinn latest: 900 to lose jobs as CEO quits amid takeover rumours
In another tumultuous month for Quinn Insurance, 900 job losses were identified, chief executive, Colin Morgan, quit and the American insurer, Liberty Mutual, expressed an interest in acquiring the company.
Biba news: 'Black swans' are no longer 'freak' occurrences, cautions Willis boss
Willis chief executive and chairman, Joe Plumeri, has warned the broking industry that 'freak' occurrences are increasing in frequency and that the industry must adapt to this reality to survive.
News: Quinn saga highlights 'chicken letter' risks
Brokers have been warned against relying too heavily on disclaimers to protect themselves from breaching their duty of care, in light of the recent Quinn scare.
US insurer expresses Quinn interest
US insurance giant Liberty Mutual has reportedly contacted the administrators of Quinn Insurance to express an interest in taking over the company.
Quinn Insurance CEO quits
Colin Morgan, chief executive office of Quinn Insurance, has decided to leave the company to pursue other opportunities.
BIBA 2010: Willis CEO questions FSA's "grandfathering" of Quinn
Willis chief executive Joe Plumeri has questioned the Financial Service Authority's (FSA) role in the problems revolving around Quinn Insurance.
Quinn to quit UK PI
Quinn Insurance will not reopen its professional indemnity (PI) business in the UK despite the likelihood it will recommence underwriting other commercial lines.
Sean Quinn stands down from the board of Quinn Group
Quinn stands down from board
900 staff to go at Quinn
Quinn Insurance's administrators are to begin a consultation process on the proposed redundancy programme which will affect approximately 900 members of staff
Quinn allowed to sell all car insurance again in the UK
Irish insurer Quinn is back in the UK but has acknowledged it will need to implement significant price changes.
News Analysis: Quinntessential downfall
Quinn insurance and the Quinn Group are going through a crisis, writes Andrew Tjaardstra.
800 redundancies rumoured at Quinn
Quinn Insurance administrators have drawn up plans to make about 800 staff redundant, Irish state broadcaster RTE is reporting.
Solicitors' PI: Quinn: the warning signs
Edward Murray traces Quinn Insurance's somewhat chequered history and asks why regulators allowed it to remain an approved insurer for so long before finally forcing it into administration last month.
News: Quinn UK ban reversed
Quinn Insurance has been given permission to re-enter the UK market despite an earlier decision by the Irish regulator preventing it from writing new business in the country.
Quinn staff to shortly find out fate
Employees at Quinn Insurance are expected to learn if they face redundancy on Friday.
Irish Government reassures FSA over Quinn funding
The Irish Government has written to the Financial Services Authority (FSA) to assure it that any funding needs which emerge at Quinn Insurance’s business there will be met.
Quinn welcomes regulator's decision
Quinn Insurance said it was pleased with the Financial Regulator's decision to allow it to offer private motor insurance for provisional licence holders.
The Financial Regulator revises stance on Quinn
Quinn Insurance is to be allowed to write provisional motor insurance in the UK.
FSA playing hardball over Quinn's UK return
The Financial Services Authority (FSA) is reported to be playing hard ball over Quinn's re-entry into the UK insurance market.
Quinn staff cancel rally
Quinn employees have cancelled today’s planned rally but have handed in a 15,000-strong petition to Financial Regulator Matthew Elderfield this morning at the Central Bank in Dublin.