Gable Insurance
News analysis: Due diligence to the fore in unrated insurer debate
Biba plans to launch assessment tool for brokers
FSCS monitoring Gable
Regulator notes that Gable is still paying claims and confirms it has not yet declared the firm in default.
IIGL to support Gable brokers
MGA to help brokers replace construction business following the news that Gable has gone into administration.
Broking Break: Your top five of the week
It’s been a busy week in insurance. In case you missed them, here are the five most popular stories.
Biba tells Gable brokers to co-operate with administrator
Steve White urges brokers to complete in depth due diligence on unrated insurers and says Biba is close to releasing a tool to help with this.
Gable enters administration
PwC has been appointed special administrator for the Liechtenstein-based insurer as Dewsall says Solvency II obligations “impossible”.
Gable reports £2.3m loss for start of 2016
CEO William Dewsall says company will update on alternative capacity plans "very shortly".
Broking Break: Your top five of the week
Brokers' interest has been piqued by a market withdrawal, a legal order and two court cases.
Liechtenstein regulator issues order to Gable over insurance contracts and transfer of assets
In separate development insurer reverses plans to delist from AIM.
Gable to delist from AIM
Company says “good progress” being made in capacity discussions with “global carrier”.
Towergate results show it is “back to black”
CFO Mark Mugge says the broker is “building a business for the long term” and has returned to profitability.
Gable closes to new business
Insurer posts £24.3m pre-tax loss for 2015.
Gable posts £24.3m pre-tax loss for 2015 and stops writing new business
Unrated Liechtenstein-based insurer aiming to achieve Solvency II compliance.
Gable suspends shares
The shares have been suspended and company confirms that CEO William Dewsall’s regulatory guarantee contribution has “significantly reduced”.
Gable rules out £10m Hogarth guarantee
Hogarth Underwriting Agencies will not provide the £10m regulatory capital for Gable as the CEO has advised it is “inappropriate”.
Broking break: Your top five of the week
This week's top stories include a ghostbroker, Towergate, how to make money in insurance and flood cover.
Business as usual for Gable, says CEO Dewsall
Dewsall says insurer aims to offer Solvency II compliant lines and A-rated paper by Q3.
Using unrated insurers perilous, say brokers
Market reacts to Gable's declaration that it's pondering a sale.
Towergate: 18 month target to solve legacy issues
Towergate management to meet today to discuss relationship with Gable.
Gable ponders sale and admits Solvency II compliance "is not possible"
Liechtenstein-based unrated insurer says anticipated losses for 2015 could be up to £14m.
Gable records a pre-tax loss of £2.4m for H1 2015
Company said underlying insurance profit was up 11% to £6.3m for the first six months.
Profits plummet for unrated Gable
Gable reports a loss before tax of £5.4m following setting aside additional reserves.