Quinn to continue writing UK business until 2012
Quinn Insurance will continue issuing new UK policies until the end of 2012, despite its new owners only buying its Irish operations, according to reports.
Anglo Irish Bank and US insurer Liberty Mutual announced a takeover of the group six weeks ago and the deal involved the initial acquisition of Quinn's Republic of Ireland book of business, with the option to buy the UK business arm at the end of 2012.
According to the Irish Independent, Quinn administrators will continue writing new UK business until the end of 2012, to maintain jobs and make the business as attractive as possible for any purchase.
Quinn's UK business lost €559m (£500.3m) in
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