Sabre News
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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’
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Catch 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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Admiral 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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Sabre 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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Sabre’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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Sabre 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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Sabre 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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Sabre 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