Sabre News – Page 2
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NewsSabre 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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NewsSabre moves pricing and direct insurance platforms to insurtech
The move will ’allow us to realise operational efficiencies’, says chief executive
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NewsSabre 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’
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NewsCatch up on insurers’ half-year financial results for 2022
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2022. Get the story on insurers’ balance sheets and factors driving the figures here…
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NewsAdmiral and Direct Line face double-whammy margin hit in 2022 – Bloomberg Intelligence
Regulation implementation and inflation pushing up claims’ costs are among the causes
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NewsSabre posts COR of 98.9% as UK inflation reaches ‘historic highs’
The insurer also recorded a £13.6m increase in GWP year-on-year
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NewsSabre’s GWP up by 30% despite inflationary pressures
The motor insurance underwriter is confident that its disciplined underwriting strategy will consolidate its core strengths and allow for sustainable growth
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NewsSabre records small GWP decrease for 2021 amid ‘high levels of claims inflation’
The insurer’s COR also saw a slight raise last year, albeit within its targeted range
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NewsSabre Insurance inks underwriting deal with motorcycle broker
The insurer has full control of pricing, meanwhile investment bank Peel Hunt predicts Sabre could reprice its new portfolio
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NewsSabre suffers drop in GWP due to Covid-19 and FCA pricing reform
Profit before tax for 2021 is expected to be below the range of analysts’ forecasts
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NewsOIC portal has had ‘troubled start’ – Sabre Insurance
Chief executive believes part one of the whiplash reforms have so far been ‘clunky’, ‘complicated’ and ‘much more difficult’
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NewsSabre Insurance to launch flexible motor insurance product in H2
The insurer has plans to make the new product available for its 1,000 UK broker partners too
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NewsSabre sees dip in GWP for 2021’s H1 as pandemic ramifications continue
However, the insurer’s chief executive has ‘cautious optimism’ as the firm records portfolio growth of 2.8% between 2021’s Q1 and 30 June
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NewsSabre Insurance chiefs sell shares
Both c-suite executives made £10,968.62 by disposing of shares
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NewsBackchat July/August 2021
Ladies Day, railway conductors and an 173 mile cycle ride - what has the insurance industry been up to lately? You heard it here first…
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NewsMark Wilson’s insurtech appoints six new senior leadership hires
The business plans ’to drive product disruption in this industry, on behalf of both our B2B and B2C customers’
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NewsWhiplash reform rules are ‘cumbersome’ and reflect ‘a big change coming’ – Sabre
The insurer’s chief executive further believes policyholders may not reap the expected premium discounts following the implementation of part one of the whiplash reforms this May
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NewsSabre puts drop in GWP down to recurring lockdowns
The insurer believes that it is well positioned as lockdown unwinds
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NewsSabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
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