Quinn Insurance takeover to be completed in August

The Quinn Insurance takeover will be complete by mid-August after company returns revealed losses of €706m in 2009.

Quinn Insurance takeover to be completed in August

The Quinn Insurance takeover will be complete by mid-August after company returns revealed losses of €706m in 2009.

The aggressive insurer founded by tycoon Sean Quinn is being sold to US insurance giant Liberty Mutual and nationalised Anglo-Irish Bank in a deal that could force Irish consumers to cover as much as 85% of losses.

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