Sabre suffers drop in GWP due to Covid-19 and FCA pricing reform

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Profit before tax for 2021 is expected to be below the range of analysts’ forecasts

Motor insurance underwriter Sabre Insurance Group has reported a £12.5m drop in its gross written premium (GWP) in the nine months to 30 September 2021 due to impacts arising from the Covid-19 pandemic and FCA’s general insurance pricing reform.

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