10th May 2012 07:00
10 May 2012
Gable Holdings Inc
("Gable" or "the Company")
Awarded Euro 4.5 million French Contract
Gable Holdings (AIM: GAH.L), the European non-life insurance company, has signed a new programme of business in France for over Euro 4.5 million in annualised gross premiums for its Property Liability Product of risk transfer through its primary French broker.
Commenting on the agreement, William Dewsall, Chief Executive of Gable Holdings, said:
"I am delighted to see that we are winning this significant new programme over and above our strong organic growth across the business. It comes as a direct result of our dedicated approach to the continued expansion of our product portfolio and its increasing recognition from both existing and new customers in the UK and Europe."
Ends
Enquiries
Gable Holdings Inc William Dewsall, Chief Executive | tel: +44 (0) 20 7337 7460 |
Panmure Gordon Paul Lumbis / Fred Walsh | tel: +44 (0) 20 7459 3600 |
Gable Communications Justine James / John Bick | tel: +44 (0) 20 7193 7463 +44 (0) 7525 324431 |
About Gable Holdings Inc
Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in the UK, France, Norway and Spain. Gable benefits from a low-cost online underwriting platform and the Company has continued to successfully grow its business geographically whilst simultaneously exploiting a range of niche insurance segments which exist across the EU.
Gable Holdings Inc is quoted on the London Stock Exchange's AIM market (ticker: GAH.L GAH.LN). For further information please visit www.gableholdings.com.
Related Shares:
GAH.L