Quinn Insurance News – Talks on Quinn Group to resume



Talks between representatives from Anglo Irish Bank and the Financial Regulator will resume today after attempts to reach agreement over its proposal to refinance the Quinn Group ended without resolution last night.

The state-owned bank is seeking a postponement of a High Court hearing tomorrow, to confirm the appointment of administrators to Quinn Insurance.

Quinn Insurance has said it requires a cash injection of €100-150m to meet the solvency level requested by the financial regulator.

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