11th Aug 2014 07:00
11 August 2014
Gable Holdings Inc.
("Gable", "the Company" or "the Group")
Gen Re signs as Reinsurance Partner
Gable (AIM: GAH), the European non-life insurance company, is delighted to announce that Gen Re, a Berkshire Hathaway company, has become a reinsurance partner to Gable Insurance AG, a wholly-owned subsidiary of Gable.
Under the terms covered, Gen Re will principally provide Gable Insurance AG with additional capacity across its European Network.
William Dewsall, Chief Executive commented: "To have Gen Re as a trading partner is testament to the quality of our underwriting in Europe and we look forward to doing considerable amounts of business together."
Enquiries:
Gable Holdings Inc. William Dewsall, Chief Executive Michael Hirschfield, Group Finance Director
| tel: +44 (0) 20 7337 7460 |
Panmure Gordon Fred Walsh / Atholl Tweedie, Corporate Finance Maisie Atkinson, Corporate Broking
| tel: +44 (0) 20 7886 2500 |
Gable Communications John Bick / Justine James | tel: +44 (0) 20 7193 7463 +44 (0)7872 061007 |
About Gable Holdings Inc
Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden and the UK. 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