HERE is a link to a post of a year ago in this blog. That post identified professional indemnity policies for UK solicitors as the kind of business an insurer should avoid.
We now know that the losses in Quinn Insurance Limited were on the UK insurance business and that much of those losses were on professional indemnity policies for UK solicitors.
We don’t mind blowing our own trumpet, but it is depressing that what is easily seen by modest us cannot be seen, or will not be seen, by people who are paid to be exquisitely knowledgable about their field of “expertise”. Meaning here, Sean Quinn. He should return his salary of the last six years at least to Quinn Insurance Limited.