FSCS monitoring Gable
Regulator notes that Gable is still paying claims and confirms it has not yet declared the firm in default.
The Financial Services Compensation Scheme (FSCS) has advised that it is "monitoring" Gable Insurance following it being placed into special administration.
However, the FSCS also noted that Gable is not in default and is still paying claims.
The FSCS statement read: "FSCS is aware of the situation with Gable Insurance. FSCS has not yet declared the firm in default. We understand the firm is in discussions with the regulator in its home country.
"We have been told by the special administrators
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- Covéa cuts losses but underwriting deficit grows
- JMG strikes its biggest deal of 2024 with BQI swoop