Reinsurance Programme

3 Jul 2007 10:36

Gable Holdings Inc03 July 2007 Gable Holdings Inc. New reinsurance programme Gable Holdings Inc. ("Gable"), the AIM-listed European insurance company, ispleased to announce that the new reinsurance programme for its wholly-ownedsubsidiary, Gable Insurance AG, for the year ending 30 June 2008 becameeffective on 1 July 2007. William Dewsall, Chief Executive of Gable, commented: "I am delighted that after a very successful first eighteen months ofunderwriting and with no notified claims reaching our reinsurance levels, wehave purchased a new programme which is more cost effective than our previousprogramme and is also led by an AA rated underwriter." Enquiries: William Dewsall, Chief Executive Gable Holdings Inc tel: 020 7337 7460 James Harris Strand Partners Limited tel: 0207 409 3494 John Bick tel: 07802 211 374 This information is provided by RNS The company news service from the London Stock Exchange