Quinn family calls on Government to publish administration documents

The Quinn family has said that it was dismayed and saddened by what it claimed was the undermining of the value of the company since the appointment of administrators.

“On the basis of hundreds of millions being paid to international bondholders and the claims reserves of Quinn Insurance being set at over two-and-a-half times the industry average per claim, it is inevitable that the reported losses will be substantial,” it said.