The sale of Irish insurer Quinn to US insurer Liberty Mutual should be completed on 7 October, the Irish Times reports.
Joint administrators Michael McAteer and Paul McCann told the High Court yesterday that the company had returned to profitability.
Profit before tax for the first half of this year came in at €24m, the administrators told the court.
Quinn Insurance made an operating loss of €644m in 2009.
While the sale is expected to go through on 7 October, the administrators told the court that it would not be possible to finalise certain regulatory and operational matters by that date.
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.
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.
