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IRISH LIFE Assurance has bought the majority of Quinn Life Direct’s life assurance and pension book which comprises 5,000 policies.
The full details of the deal have not been released.
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In a statement, Irish Life said that it expects the sale to be completed by the end of this year, “subject to the receipt of all necessary regulatory and court approvals”.
Quinn Life Direct is to contact the relevant policyholders to inform them of the details of the proposed transfer of policies to Irish Life Assurance including the dates involved and the timeframe for the transfer’s implementation.
Irish Life says it will write to them following the proposed transfer.
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We’are all back to the good old days of an extortionate, crony, dysfunctional, noncompetitive
financial and insurance sector in the ”Republic”
now that the vested interests have cunningly put the competition out of business.
What shite are you talking about, the only people to put Quinn out of business were the Quinn family themselves. They took a gamble on Anglo which everyone else is paying for now!!
We’are all back to the good old days of an extortionate, crony, dysfunctional, noncompetitive
financial and insurance sector in the ”Republic”
now that the vested interests ”HAVEN’T” cunningly put the competition out of business.
Ohh.
Sorry SMcB
We’are all back to the good old days of an extortionate, crony, dysfunctional, noncompetitive
financial and insurance sector in the ”Republic”
now that the vested interests ”HAVEN’T” cunningly put the competition out of business
and surely it was those damn CFD’s in that well audited, compliant, squeaky clean, Anglo Irish Bank that did it.
Sure didn’t our brave Financial Regulator and honourable Taoiseach play golf with Anglo’s fine chiefs.
Pardon me.
Would Irish Life care to the right thing for the “widows and orphans” of Ireland? Further details by searching in Google for “William Fagan Director of Consumer Affairs”
Cheers
The Common Informer who failed in maths at school.
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