Sabre posts rising GWP and underwriting profit for 2017
First results since motor insurer began trading on the London Stock Exchange on 11 December 2017.
Sabre Insurance delivered a combined operating ratio of 68.5% for 2017, an improvement on the already impressive 69.3% it achieved in 2016.
A breakdown of the numbers showed a net loss ratio of 46.5% and an expense ratio of 22%.
The private motor insurer floated on the London Stock Exchange on 11 December last year.
In its first set of results as a listed company the provider reported a 7.2% rise in gross written premium to £210.7m.
The underwriting profit ticked up from £55.9m in 2016 to
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