Quinn Insurance in Administration

[Look-Up!]

The 1.65bn is what they are saying it 'could' rise to - which Noonan himself thought that was dodgy going by that article - I meant though what 2% on each insurance premium comes to over 10 years. I would have thought even those estimates would be rightly covered by now

Yeah I agree with you. The 2% levy is bound to have covered the loss at this point.

Any numbers?

June 21

However, since 2010 the amount collected under these specific stamp duties is c.€1.6 billion
https://www.oireachtas.ie/en/debates/question/2021-06-02/98/#pq-answers-98

If I was you I would read that article again.It differentiates between the levy and the stamp duty. You appear to be extracting an answer about the stamp duty to provide information about the levy.

Quinn's lasting gift to Irish society is the levy. The stamp duty is a separate debate

He also left another gift, 1000s of jobs still in place in the Cavan/Fermanagh area, 100's of families able to put bread on the table and put their kids through school and not have to emigrate or move away to cities. I accept he made a massive mistake and we must all pay for it now but you also need to accept the good that he did too in an area all but abandoned by governments north and south.

This is partially true. The jobs in insurance and the hotel were brought to the area. The gravel/sand jobs were always going to be where sand and gravel where. And the glass jobs where always going to be where the raw material was. Someone was always going to extract it and create those jobs. Quinn had head start but I absolutely give him credit for growing it.

I wouldn't have a misty eyed view of how workers where treated. Some treated very well. Others not so.

Absolutely not. Nothing unique about the geology that couldn't have been done in some other area of the country. What was unique was the man with the drive/ambition to take on a cement cartel and actually win.

On the jobs, I remember at the time promises being made that Liberty would not move jobs. Within a year there wasn't an insurance job left in Cavan. And if moving Hotels and Cement Plant was as easy as moving a few books and accounts, none of those other jobs would still be in the region either.

[Itchy]

The 1.65bn is what they are saying it 'could' rise to - which Noonan himself thought that was dodgy going by that article - I meant though what 2% on each insurance premium comes to over 10 years. I would have thought even those estimates would be rightly covered by now

Yeah I agree with you. The 2% levy is bound to have covered the loss at this point.

Any numbers?

June 21

However, since 2010 the amount collected under these specific stamp duties is c.€1.6 billion
https://www.oireachtas.ie/en/debates/question/2021-06-02/98/#pq-answers-98

If I was you I would read that article again.It differentiates between the levy and the stamp duty. You appear to be extracting an answer about the stamp duty to provide information about the levy.

Quinn's lasting gift to Irish society is the levy. The stamp duty is a separate debate

He also left another gift, 1000s of jobs still in place in the Cavan/Fermanagh area, 100's of families able to put bread on the table and put their kids through school and not have to emigrate or move away to cities. I accept he made a massive mistake and we must all pay for it now but you also need to accept the good that he did too in an area all but abandoned by governments north and south.

This is partially true. The jobs in insurance and the hotel were brought to the area. The gravel/sand jobs were always going to be where sand and gravel where. And the glass jobs where always going to be where the raw material was. Someone was always going to extract it and create those jobs. Quinn had head start but I absolutely give him credit for growing it.

I wouldn't have a misty eyed view of how workers where treated. Some treated very well. Others not so.

I have read some shite on this forum on here but f**k me this takes the biscuit. So where ever there happens to be sand and gravel these factories and jobs just spring up. You clearly have no clue what is involved in starting a manufacturing business or growing it. Do you even know this area of Ireland. There is a McCaffrey quarry up the road but I must have missed his 2 cement factories and glass factory. Stop making a fool out of yourself lad.

[Geoff Tipps]

Maybe the auld priest should tell us who the paymaster is. Sure he knows and I presume he got that direct from God. And isn't it great to see a priest throwing out the accusations from the pulpit, just like old times

A few on here know for certain who it is too and be God 12 months ago the paymaster arrest was only days away. Assume this was held off to wait for the show.

Anyway, it seems we are only violent thugs in the border area too. So I suppose civilised people like Alan Dukes and the suits were right never to invest in our area and leave it to crazy murderous thugs like Sean Quinn to do it for us.

Says a lot more about Dukes than it does about border people. Ironic too that the attack was actually organised and carried out by 4 persons not from the border area. Few people on the programme seemed intent on painting people from the border regions as paranoid with chips on their shoulders about neglect, then Dukes turns around and confirms that prejudice with his comments. Ironic and laughable.

Well apart from Cyril McGuinness who actually orchestrated the whole thing!!

Who? Dublin Jimmy?

Yeah the guy from Derrylin who didn't like that name, if you believe Quinn!

[thewobbler]

Was going to post something similar Itchy.

Dislike a man all you want. But anyone  trying to discredit the ingenuity, belief, and relentlessness required to build any successful manufacturing company - let alone the biggest on the island - well they just learn to listen more and speak less.

[Franko]

The 1.65bn is what they are saying it 'could' rise to - which Noonan himself thought that was dodgy going by that article - I meant though what 2% on each insurance premium comes to over 10 years. I would have thought even those estimates would be rightly covered by now

Yeah I agree with you. The 2% levy is bound to have covered the loss at this point.

Any numbers?

June 21

However, since 2010 the amount collected under these specific stamp duties is c.€1.6 billion
https://www.oireachtas.ie/en/debates/question/2021-06-02/98/#pq-answers-98

If I was you I would read that article again.It differentiates between the levy and the stamp duty. You appear to be extracting an answer about the stamp duty to provide information about the levy.

Quinn's lasting gift to Irish society is the levy. The stamp duty is a separate debate

Usual debate here - evidenced by ridiculous lines such as that in bold

We have the great chattering masses who have aligned themselves firmly in 2 camps

They either believe that:

a. Sean Quinn was a criminal mastermind and a thief
b. Sean Quinn was akin to God himself

The truth, as ever, is somewhere in between

This is genuinely hilarious.

The line that you label "ridiculous" happens to be true.

But the really hilarious bit is the accusation that contributors fall into your categories a) or b). Surely you are a spectacular example of the debate suffering from ridiculous lines.

I don't I think I have every seen a contribution that so rapidly commits the offence they have just called out.

Hilarious stuff

Not all contributors

Just the great chattering masses as I think I put it

Given your absolute drivel about huge manufacturing companies appearing naturally, simply because there happens to be raw materials for said in the ground beneath them, I think you've planted yourself firmly in that category

When coming out with statements like this it may be best for your own credibility if you did a little less chattering

[Franko]

Maybe the auld priest should tell us who the paymaster is. Sure he knows and I presume he got that direct from God. And isn't it great to see a priest throwing out the accusations from the pulpit, just like old times

A few on here know for certain who it is too and be God 12 months ago the paymaster arrest was only days away. Assume this was held off to wait for the show.

Anyway, it seems we are only violent thugs in the border area too. So I suppose civilised people like Alan Dukes and the suits were right never to invest in our area and leave it to crazy murderous thugs like Sean Quinn to do it for us.

Says a lot more about Dukes than it does about border people. Ironic too that the attack was actually organised and carried out by 4 persons not from the border area. Few people on the programme seemed intent on painting people from the border regions as paranoid with chips on their shoulders about neglect, then Dukes turns around and confirms that prejudice with his comments. Ironic and laughable.

Well apart from Cyril McGuinness who actually orchestrated the whole thing!!

Who? Dublin Jimmy?

Yeah the guy from Derrylin who didn't like that name, if you believe Quinn!

He was born and reared in Swords ye eejit

[Look-Up!]

Maybe the auld priest should tell us who the paymaster is. Sure he knows and I presume he got that direct from God. And isn't it great to see a priest throwing out the accusations from the pulpit, just like old times

A few on here know for certain who it is too and be God 12 months ago the paymaster arrest was only days away. Assume this was held off to wait for the show.

Anyway, it seems we are only violent thugs in the border area too. So I suppose civilised people like Alan Dukes and the suits were right never to invest in our area and leave it to crazy murderous thugs like Sean Quinn to do it for us.

Says a lot more about Dukes than it does about border people. Ironic too that the attack was actually organised and carried out by 4 persons not from the border area. Few people on the programme seemed intent on painting people from the border regions as paranoid with chips on their shoulders about neglect, then Dukes turns around and confirms that prejudice with his comments. Ironic and laughable.

Well apart from Cyril McGuinness who actually orchestrated the whole thing!!

Who? Dublin Jimmy?

Yeah the guy from Derrylin who didn't like that name, if you believe Quinn!

Born and bred in Dublin, was an accomplished criminal and well known to Gardai before moving to Derrylin. Lived in England for a time too.

[Geoff Tipps]

Maybe the auld priest should tell us who the paymaster is. Sure he knows and I presume he got that direct from God. And isn't it great to see a priest throwing out the accusations from the pulpit, just like old times

A few on here know for certain who it is too and be God 12 months ago the paymaster arrest was only days away. Assume this was held off to wait for the show.

Anyway, it seems we are only violent thugs in the border area too. So I suppose civilised people like Alan Dukes and the suits were right never to invest in our area and leave it to crazy murderous thugs like Sean Quinn to do it for us.

Says a lot more about Dukes than it does about border people. Ironic too that the attack was actually organised and carried out by 4 persons not from the border area. Few people on the programme seemed intent on painting people from the border regions as paranoid with chips on their shoulders about neglect, then Dukes turns around and confirms that prejudice with his comments. Ironic and laughable.

Well apart from Cyril McGuinness who actually orchestrated the whole thing!!

Who? Dublin Jimmy?

Yeah the guy from Derrylin who didn't like that name, if you believe Quinn!

He was born and reared in Swords ye eejit

And lived in Derrylin. We know this because Quinn told us! Told us everyone there knew him! Ya clown!

[Look-Up!]

Maybe the auld priest should tell us who the paymaster is. Sure he knows and I presume he got that direct from God. And isn't it great to see a priest throwing out the accusations from the pulpit, just like old times

A few on here know for certain who it is too and be God 12 months ago the paymaster arrest was only days away. Assume this was held off to wait for the show.

Anyway, it seems we are only violent thugs in the border area too. So I suppose civilised people like Alan Dukes and the suits were right never to invest in our area and leave it to crazy murderous thugs like Sean Quinn to do it for us.

Says a lot more about Dukes than it does about border people. Ironic too that the attack was actually organised and carried out by 4 persons not from the border area. Few people on the programme seemed intent on painting people from the border regions as paranoid with chips on their shoulders about neglect, then Dukes turns around and confirms that prejudice with his comments. Ironic and laughable.

Well apart from Cyril McGuinness who actually orchestrated the whole thing!!

Who? Dublin Jimmy?

Yeah the guy from Derrylin who didn't like that name, if you believe Quinn!

He was born and reared in Swords ye eejit

And lived in Derrylin. We know this because Quinn told us! Told us everyone there knew him! Ya clown!

Again, born and bred in Dublin. Dukes said it's in our blood. So it's down to breeding my dear boy. Victorian age should call and look for their bigot back.

[Main Street]

Don't know who to blame in this one however the attack on Kevin Lunney is strange.

Surely Quinns would have known this was a step too far and would not benefit them? And as the programme confirms Dublin Jimmy could only have done this for money.

So who paid him? People assume Quinns but who did this attack benefit? It put an end to Quinn support so would there not be a theory that the attack could have been organised by someone on Lunney etc als side?

The priest speech at mass also was a bit much IMO hanging a man who had not been been proved guilty.... a bit unchristian

Ps I'm not a quinn supporter

The show played the video of the lunney attack in the petrol station. Seems strange considering that was nothing to do with Quinn's. That was a personal fued between the lunneys and the McGoverns that has been running a long time. Screams of grasping at straws to try and connect the two. It wasn't just the Quinn's who disliked the lunneys in Fermanagh.

I see Dukes is getting a bad touch on twitter for his comments.

Why do you claim its 'grasping at straws' to connect Quinn to Lunney?  Just because someone else allegedly did not like Quinn, does not mean they would be more motivated, both financially  and vindictively  to do in Lunney .  Quinn is the outstanding character according to the  Occam's razor principle and on the sidelines,  the priest is the privilege holder of a million secrets

Quinns quoted comments about Lunney are bizzare.

Because the fight in the petrol station had zero to do with the rest of programme. It wasn't about intimidation or the Quinns. So its inclusion was an irrelevance. That incident was about a family feud in Kinawley. So it smacked of trying to add more in to suit an agenda.

Fair enough, I haven't watched the program so I had totally missed the context of your comment.

[smelmoth]

The 1.65bn is what they are saying it 'could' rise to - which Noonan himself thought that was dodgy going by that article - I meant though what 2% on each insurance premium comes to over 10 years. I would have thought even those estimates would be rightly covered by now

Yeah I agree with you. The 2% levy is bound to have covered the loss at this point.

Any numbers?

June 21

However, since 2010 the amount collected under these specific stamp duties is c.€1.6 billion
https://www.oireachtas.ie/en/debates/question/2021-06-02/98/#pq-answers-98

If I was you I would read that article again.It differentiates between the levy and the stamp duty. You appear to be extracting an answer about the stamp duty to provide information about the levy.

Quinn's lasting gift to Irish society is the levy. The stamp duty is a separate debate

He also left another gift, 1000s of jobs still in place in the Cavan/Fermanagh area, 100's of families able to put bread on the table and put their kids through school and not have to emigrate or move away to cities. I accept he made a massive mistake and we must all pay for it now but you also need to accept the good that he did too in an area all but abandoned by governments north and south.

This is partially true. The jobs in insurance and the hotel were brought to the area. The gravel/sand jobs were always going to be where sand and gravel where. And the glass jobs where always going to be where the raw material was. Someone was always going to extract it and create those jobs. Quinn had head start but I absolutely give him credit for growing it.

I wouldn't have a misty eyed view of how workers where treated. Some treated very well. Others not so.

Absolutely not. Nothing unique about the geology that couldn't have been done in some other area of the country. What was unique was the man with the drive/ambition to take on a cement cartel and actually win.

On the jobs, I remember at the time promises being made that Liberty would not move jobs. Within a year there wasn't an insurance job left in Cavan. And if moving Hotels and Cement Plant was as easy as moving a few books and accounts, none of those other jobs would still be in the region either.

Sorry, are you saying there are economical viable aggregate deposits everywhere?

And I did say he brought the insurance jobs to the area.

I am drawing a distinction between what had to be or least made sense to do in the area and those jobs be brought to the area.

I am neither slavishly praising the man nor ignoring the good that he did do. Nor am ignoring his undoing of part of it and the wider consequences of that.

[trileacman]

The 1.65bn is what they are saying it 'could' rise to - which Noonan himself thought that was dodgy going by that article - I meant though what 2% on each insurance premium comes to over 10 years. I would have thought even those estimates would be rightly covered by now

Yeah I agree with you. The 2% levy is bound to have covered the loss at this point.

Any numbers?

June 21

However, since 2010 the amount collected under these specific stamp duties is c.€1.6 billion
https://www.oireachtas.ie/en/debates/question/2021-06-02/98/#pq-answers-98

If I was you I would read that article again.It differentiates between the levy and the stamp duty. You appear to be extracting an answer about the stamp duty to provide information about the levy.

Quinn's lasting gift to Irish society is the levy. The stamp duty is a separate debate

He also left another gift, 1000s of jobs still in place in the Cavan/Fermanagh area, 100's of families able to put bread on the table and put their kids through school and not have to emigrate or move away to cities. I accept he made a massive mistake and we must all pay for it now but you also need to accept the good that he did too in an area all but abandoned by governments north and south.

This is partially true. The jobs in insurance and the hotel were brought to the area. The gravel/sand jobs were always going to be where sand and gravel where. And the glass jobs where always going to be where the raw material was. Someone was always going to extract it and create those jobs. Quinn had head start but I absolutely give him credit for growing it.

I wouldn't have a misty eyed view of how workers where treated. Some treated very well. Others not so.

Absolutely not. Nothing unique about the geology that couldn't have been done in some other area of the country. What was unique was the man with the drive/ambition to take on a cement cartel and actually win.

On the jobs, I remember at the time promises being made that Liberty would not move jobs. Within a year there wasn't an insurance job left in Cavan. And if moving Hotels and Cement Plant was as easy as moving a few books and accounts, none of those other jobs would still be in the region either.

Sorry, are you saying there are economical viable aggregate deposits everywhere?

And I did say he brought the insurance jobs to the area.

I am drawing a distinction between what had to be or least made sense to do in the area and those jobs be brought to the area.

I am neither slavishly praising the man nor ignoring the good that he did do. Nor am ignoring his undoing of part of it and the wider consequences of that.

Pretty much every province has the limestone/gravel deposits that Quinn exploited in Fermanagh. Mid Tyrone has arguably quarried as much as Quinn in Fermanagh but no-one there created a multi billion business model. To suggest that it was inevitable that a glass factory would be built in ballyconnel is incorrect.

[Franko]

The 1.65bn is what they are saying it 'could' rise to - which Noonan himself thought that was dodgy going by that article - I meant though what 2% on each insurance premium comes to over 10 years. I would have thought even those estimates would be rightly covered by now

Yeah I agree with you. The 2% levy is bound to have covered the loss at this point.

Any numbers?

June 21

However, since 2010 the amount collected under these specific stamp duties is c.€1.6 billion
https://www.oireachtas.ie/en/debates/question/2021-06-02/98/#pq-answers-98

If I was you I would read that article again.It differentiates between the levy and the stamp duty. You appear to be extracting an answer about the stamp duty to provide information about the levy.

Quinn's lasting gift to Irish society is the levy. The stamp duty is a separate debate

He also left another gift, 1000s of jobs still in place in the Cavan/Fermanagh area, 100's of families able to put bread on the table and put their kids through school and not have to emigrate or move away to cities. I accept he made a massive mistake and we must all pay for it now but you also need to accept the good that he did too in an area all but abandoned by governments north and south.

This is partially true. The jobs in insurance and the hotel were brought to the area. The gravel/sand jobs were always going to be where sand and gravel where. And the glass jobs where always going to be where the raw material was. Someone was always going to extract it and create those jobs. Quinn had head start but I absolutely give him credit for growing it.

I wouldn't have a misty eyed view of how workers where treated. Some treated very well. Others not so.

Absolutely not. Nothing unique about the geology that couldn't have been done in some other area of the country. What was unique was the man with the drive/ambition to take on a cement cartel and actually win.

On the jobs, I remember at the time promises being made that Liberty would not move jobs. Within a year there wasn't an insurance job left in Cavan. And if moving Hotels and Cement Plant was as easy as moving a few books and accounts, none of those other jobs would still be in the region either.

Sorry, are you saying there are economical viable aggregate deposits everywhere?

And I did say he brought the insurance jobs to the area.

I am drawing a distinction between what had to be or least made sense to do in the area and those jobs be brought to the area.

I am neither slavishly praising the man nor ignoring the good that he did do. Nor am ignoring his undoing of part of it and the wider consequences of that.

This whole debate started when you asserted that Quinn's legacy to Ireland is the 2% levy on insurance policies.

Given that businesses he created STILL employ thousands of people in the border area, that sounds a lot like ignoring the good to me

You've since backtracked a bit on that, but to say that the those businesses were merely an automatic by-product of the materials in the ground below is patently nonsense

Things that Quinn dug out of the ground;
Stone
Sand

Things that Quinn built multi-million euro businesses to create
Blocks
Cement
Precast Concrete
Glass
Insulation
Insurance policies
Hotel rooms

[Rossfan]

Like Bertie Ahern Quinn did a lot of good in his earlier days.
However you're only as good as your last game so both are on the baddy list now.

[Dougal Maguire]

Is QuinnBet a reincarnation?