Gable expects losses of £7-8m for 2015 as it updates on Solvency II compliance
Gable Holdings has confirmed its regulator the Financial Market Authority Liechtenstein has approved its funding arrangements announced in December, whereby its subsidiary Gable Insurance AG has a two-year transitional period to meet the Solvency Capital Requirements under the full Solvency II regime
The funding arrangements comprised a combination of quota share reinsurance and the issue of a new convertible loan note instrument under which Gable raised £3.96m led by its CEO, William Dewsall, who
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