News Analysis: Quinn enters administration
Andrew Tjaardstra investigates the ramifications of the Irish insurer's troubles for UK and Irish policyholders as well as other stakeholders
Quinn Insurance can no longer take on any business in the UK after Ireland's watchdog, the Financial Regulator, called in the administrators following allegations about the firm. The insurer will still be allowed to operate in Ireland and its life arm has not been affected. The firm had been trying to shore up its capital solvency throughout 2009 but suitable plans never materialised.
The insurer fell into trouble after the regulator found out, following a phone call from Quinn's chairman Jim
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