The downfall of Enterprise and most recently Gable has again raised the thorny issue of unrated insurers.
Unrated insurer Gable has requested temporary suspension from the AIM stock market until the publication of its annual report.
Liechtenstein-based insurer Gable Holdings has exited the tradesmen and high-net worth household lines of business it offered through the Iprism Underwriting Agency portal mid-term.
Swiss insurer Helvetia has completed the sale of its subsidiary Nationale Suisse Belgium and the two underwriting agencies owned by the latter to Enstar Group.
Liechtenstein-based insurer Gable Holdings would welcome other general insurance companies entering the principality as it revealed it has spoken to the Liechtenstein regulator about companies interested in positioning themselves in the territory.
Liechtenstein-based insurer Gable Holdings has reported a pre-tax profit loss of £2.4m for the six months ended 30 June 2015.
The Liechtenstein financial regulator has flagged an uptick in insurance companies looking to establish a presence in the principality despite analyst scepticism about the benefit of the territory as an outpost for UK insurers.
Gable Insurance is in discussions with former Service Insurance Company director Beverley Shreeve about creating an underwriting operation for UK motor under the Gable brand, Post understands.
The drop in Gable Holdings' share price following the release of its 2014 annual results statement does not concern CEO William Dewsall who is targeting at least £100m gross written premiums for 2015.
Liechtenstein-based insurer Gable Holdings has reported record gross written premiums of £80m (2013: £58.9m) for the year ended 31 December 2014 against a pre-tax loss of £5.4m.
Gable Holdings has received approval to underwrite three classes of motor insurance in the UK.
Bill Dewsall's atypical route to a major insurance role saw him leave professional cricket and drumming behind but, as he plots continued growth over the next three years, the Gable CEO can have no regrets about deciding to get a 'real job'.
The Vienna Insurance Group has posted a 7% increase in profit for the first half of 2012 compared to 2011, helped by a 13% growth in profit from Central and Eastern Europe.
The Supervisory Board of Donau Versicherung AG Vienna Insurance Group has appointed Johanna Stefan to the positions of chairwoman of the managing board and general manager, with effect from 1 June 2012.
AM Best has affirmed the financial strength ratings of A- Excellent) and the issuer credit ratings of “a-” of Infrassure(Switzerland) and its affiliate, Infrassure Vaduz (Liechtenstein). The outlook for all ratings remains stable.
Traditional captive domiciles in Europe include Guernsey and Gibraltar, as well as, in the European Union, Luxembourg, which is still dynamic and stable, and Ireland, which is in clear retraction. However, new developments are being seen in the market.
Gable Holdings this morning described the first half of the year as a period of consolidation and business growth.