GAH.L Share News (GAH)

Gable Holdings, the insurance company, saw pre-tax profits rise 52% to £2m in the six months ending 30 June.Total earned premiums rose 47% to £10.6m while gross "written" premiums hit £12.2m, up 41%.William Dewsall, Gable 's chief executive, said:"I am delighted by the first half performance of the Group. We are in a very strong position, with our UK and European products set for continued growth and current trading remains very strong. We look forward to another year of growth in the business making it the fifth year of profitable growth for shareholders."Investors were certainly impressed with the numbers, Gable rose 12% in early trading in London.BS