Information on Gable Insurance AG 15 September 2016

Gable Insurance AG, Bergstrasse 10, 9490 Vaduz, is a non-life insurance undertaking based in Liechtenstein which is authorised under Annex I to the Directive 2009/138/EC in the classes 1, 2, 3, 7, 8, 9, 10, 15, 16 and 17.

On 7 September 2016, the Liechtenstein Financial Market Authority (FMA) issued an order to Gable Insurance AG to stop writing new insurance policies and transferring assets to legal entities and individuals associated with it. The order became effective when it was served on 9 September 2016. The order to stop issuing new insurance policies also includes any renewals and extensions. Pursuant to Liechtenstein procedural law, Gable Insurance AG may lodge an appeal against this order issued by the FMA within 14 days of service. Please note that the FMA cannot provide any legal information on the effects of this order under the provisions of the contract law of individual jurisdictions.