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Quinn purchase on hold?

Quinn Group

Advisors of Irish Life and Permanent have urged the Irish bancassurer to hold off on the purchase of Quinn Healthcare until after the sale of Irish Life Assurance later this year.


The company is the preferred bidder for Quinn Health, which is not included in the deal done by Anglo Irish Bank and Liberty Mutual to buy Quinn Insurance.


The healthcare business will become part of Irish Life Assurance, which is being offered up for sale. Potential bidders are tipped to include Axa, Allianz and Zurich.

International health insurance news: 17 June 2011