Gable reports 2014 pre-tax loss of £5.4m
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.
Net earned premiums for the period increased from £42m in 2013 to £51.4m and the business reported a combined operating ratio of 87%.
The unrated insurer's net insurance profit for the year was £6.7m
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