Sabre News
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News
Motor market currently ‘at about the softest point in the cycle’ – Geoff Carter
‘Our view is that the market is substantially underpriced on new business at the moment – the pendulum has swung too far,’ says chief executive
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Full Five Star Rating Report: Commercial and Personal Lines 2024/25 is now available
Insurance Times reveals full insurer rankings on service across both commercial and personal lines, with 16 insurers included in 2025’s final report
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Sabre posts COR of 84.2% for 2024
’We grew strongly in the first half of the year when market conditions were attractive and we maintained our strict underwriting discipline despite a steep decline in market prices during the second half,’ says chief executive
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Catch up on insurers’ 2024 half-year financial results
UKGI insurers are releasing their trading updates with details on their half-year financial results for 2024. Here’s Insurance Times’ roundup of all the stories you need to keep abreast of the latest figures…
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Jaguar Land Rover may have improved security, so which vehicles are criminals targeting now?
’We’re always looking for the next risk to make sure that we’re [setting premiums] at the right price,’ says chief executive
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Sabre posts COR of 83.6% for H1 2024
’We are in a strong position at the halfway point of the year, having written good levels of premium at our target margins across all product line,’ says chief executive
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Sabre Insurance’s outlook ‘remains unchanged’ as it posts Q1 2024 results
’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive
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Sabre announces new chair following external search
‘I look forward to working with the board and our management team,’ says new appointee
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Sabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
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Sabre posts COR of 86.3% for 2023
’The 2023 results demonstrate the strength of Sabre’s model with our disciplined approach,’ says chief executive
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DLG bid evidence of ‘a fairly optimistic outlook’ for UK motor
The bids “suggest that someone who knows quite a lot about UK motor thinks it’s an area worth investing in”, says chief executive
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Sabre Insurance hit by cyber attack
’Our retained IT security partner assisted with the management,’ says statement
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Sabre chairman passes away following illness
’Everyone associated with Sabre would like to express their deepest sympathy to his family,’ says insurer
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Sabre grows motor business despite battling ‘very high inflation’
’We have been able to increase prices at a level to cover high on-going inflation,’ says chief executive
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Catch up on insurers’ half-year financial results for 2023
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2023. Get the story on insurers’ balance sheets and factors driving the figures here…
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Sabre profits drop in H1 2023 despite rise in GWP
Chief executive says results are ’in line with our expectations and support our full year projection’
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Sabre issues statement as MCE Insurance placed into administration
The move will determine whether MCE should continue to trade, be sold or be wound down in an orderly way
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Sabre moves pricing and direct insurance platforms to insurtech
The move will ’allow us to realise operational efficiencies’, says chief executive
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Sabre reports slight year-on-year GWP drop in Q1 2023 results
However, chief executive says he is ’slightly more optimistic given strong volumes in recent weeks’