First round in bid process closes to day. AIB to go through

Anglo Irish Bank (AIB) will move to the next stage of bidding for Quinn Insurance, meeting today’s 5.30 deadline set by merchant bank Macquarie, as will Aviva, RSA, FBD, and Liberty, The Irish Independent reports.

Bidders are not allowed to reveal they are bidding and have to sign confidentially agreement with Macquarie.

Lobby group Concerned Irish Business (CIB) supports the AIB as it will leave Quinn intact, the Independent reports in a separate story. "I don't think people have gotten to grips with the ripple effect throughout Ireland if Quinn isn't saved," said Kieran Murray, who prints for Quinn.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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