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Quanta Capital Holdings Ltd. had been formed to provide specialty lines insurance, reinsurance, risk assessment and risk technical services on a global basis through its affiliated companies. The Company conducts its operations principally through its subsidiaries domiciled in Bermuda, Ireland and the United States. The Company has been conducting a self-managed run-off of its insurance and reinsurance businesses. The self-managed run-off of insurance and reinsurance portfolios may result in the dissolution or sale of the Company. On February 13, 2008, it completed the disposition of all of its interests at Lloyd’s, which was its only line of business not in active run-off. On February 13, 2008, the Company sold Quanta 4000 and its interest in Pembroke JV to Chaucer Holdings PLC.(Source: 10-K)