Gable ponders sale and admits Solvency II compliance "is not possible"


Gable has reported that the board is considering a sale of the company in whole or part.

The admission, delivered in a stock exchange announcement, came as the Liechtenstein-based unrated insurer said it had completed an assessment around raising sufficient capital for full Solvency II compliance.

The statement noted that this "is not possible for the existing business, its growth profile and structure as Solvency II appears to be incompatible with small niche European insurance business models"

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: