Deal struck as Quinn reveals losses

Quinn Insurance, the leading insurance firm founded by tycoon Sean Quinn, had losses of €706m in 2009.

Deal struck as Quinn reveals losses

Quinn Insurance, the leading insurance firm founded by tycoon Sean Quinn, had losses of €706m in 2009.

As the staggering financial results were announced, administrators said a takeover deal has been finalised with US insurance giant Liberty Mutual and nationalised Anglo-Irish Bank.

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