Gable posts 43% rise in GWP
Combined operating ratio comes in at 77% for the first six months of 2014.
Gable has reported a 43% increase in gross written premiums to £39m for the first six months of 2014.
The Lichtenstein-based insurer also delivered underlying insurance profit of £7.8m, up 26% on the £6.2m achieved in the first half of 2013.
While reported profit before tax slipped to £2.5m (H1 2013: £4m) the company claimed that the no direct comparison could be made due to the 2013 figures being set before the board's decision to make additional risk margin provisions.
Accordingly, it
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