GAH.L Regulatory News (GAH)

22 January 2014

Gable Holdings Inc

("Gable" or "the Company")

New European Commercial Combined Programme with Aon

Gable Holdings (AIM: GAH.L), the European non-life insurance company, is delighted to announce that it has entered into a significant and new Delegated Underwriting Agreement facilitated and administered by the leading global insurance and reinsurance broker Aon UK Limited (trading as Aon Benfield). Under the Agreement, Gable Insurance AG will be underwriting commercial combined risks across its European territories.

Commenting, William Dewsall, Chief Executive of Gable Holdings, said:

"Aon is the leading global provider of risk management, insurance and reinsurance brokerage and we are delighted that Aon has facilitated to us a programme of £10 million gross written premium annually via one of its independent MGAs for commercial combined risks across our European territories, including the UK. Once again this shows great support for Gable from a major international insurance provider as we continue to grow our European presence."

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About Aon

Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 65,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources.

Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United.

About Gable Holdings Inc

Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in Denmark, France, Germany, Italy, the Netherlands, Norway, Spain and the UK. Gable benefits from a low-cost online underwriting platform and the Company has continued to successfully grow its business geographically whilst simultaneously exploiting a range of niche insurance segments which exist across the EU.

Gable Holdings Inc is quoted on the London Stock Exchange's AIM market (ticker: GAH.L GAH.LN). For further information please visit www.gableholdings.com.