Sabre Insurance Group plc (GB:SBRE) has released an update.
Sabre Insurance Group plc reports a significant year-on-year growth with Motor Vehicle insurance premiums up 61%, successfully covering a predicted 10% claims inflation. The company’s motorcycle and taxi insurance products also show a positive gross written premium run-rate compared to Q4 2023. Reiterating their full-year guidance, Sabre Insurance remains committed to profitability, expecting improved loss ratios and a strong profit increase in 2024, with a solvency capital ratio standing at 183% as of March 2024.
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