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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gable Hldgs | LSE:GAH | London | Ordinary Share | KYG3705F1019 | ORDS 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Mar 2020 to Mar 2025
LONDON--Gable Holdings Inc (GAH.LN) Thursday announced a 50% quota share agreement with Swiss Re AG (SREN) to provide a packaged motor, personal accident and household insurance policy for the domestic Danish market.
The term of the quota share agreement with Swiss Re is three years and will be administered in Denmark by Husejernes Forsikring Assurance Agentur AS and Howden Insurance Brokers AB.
Gable, the European non-life insurance company said the new capacity is anticipated to deliver annualized gross written premiums of 3 million pounds ($4.7 million) before the 50% quota share.
Gable Holdings shares at 0830 GMT up 1 pence, or 4.8%, at 25 pence, valuing the company at GBP33.3 million.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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