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Sabre Insurance’s outlook ‘remains unchanged’ as it posts Q1 2024 results

By 2024-05-23T13:00:00

motor, profit

’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive

Sabre chief executive has said that the motor insurer’s “outlook for the year remains unchanged” as it posted its Q1 2024 financial results. 

In the four months ended 30 April 2024, the motor insurer achieved gross written premiums (GWP) of £85.7m – a year-on-year increase of 61% from Q1 2023, when it posted a GWP of £58.9m. 

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