Gable Insurance in administration13 Oct 2016 04:42
Donmac101 looks like I was correct in my view that Gable was a dog.
The major subsidiary is now in administration.
Gable Holdings will be suspended tomorrow morning uk time so it won't have any value as a listed shell. In any case it is probably insolvent because it borrowed £6m via loan notes and invested this into insurance subsidiary and it won't be seeing that money again.
Am I surprised no - it has been apparent for a long time for anyone who understands property and casualty insurance that was going to end badly.