Insurance Post

Gable boosts insurance profit by 5% as COR experiences minor slide

Gable Holdings chief executive William Dewsall

Gable Holdings chalked up a 5% increase in its insurance profit in the first half of the year, although the firm’s combined operating ratio deteriorated by an identical proportion to 56%.

In the period up to 30 June, Gable achieved strong organic growth in the form of a 77% uplift to £27.3m (H1 2012: £15.4m) in gross written premiums. Earned premiums increased to £18m from £11.9 in the

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