Gable cuts underwriting operations to comply with Solvency II
Gable has announced it will "significantly reduce" the scale of its underwriting operations in Europe, and has ordered its broker network to cease writing new business with immediate effect.
"We are adapting our business model to meet the challenges of the new regulatory environment brought about by the introduction of Solvency II," said Gable chairman Jost Pilgrim. "This will require a
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