The statement from the regulator indicated that there had been improvements in the company's underwriting model and "significant" strengthening of its pricing structure.

BBC: Easing of restrictions on Quinn Insurance

For the Liberal Democrats, Ross Finnie insisted a sustainable model for Scotland's housing strategy was required and a much changed housing structure must reflect the impact of the recession.

BBC: Housing strategy debate

Analysts said the structure of the deal and the outlook of Lazard's business model leave a lot to chance.

FORBES: Lazard's A Laggard