Sabre profits rise at start of 2018
Half year GWP remains stable.
Sabre Insurance has reported increases in underwriting profit and profit after tax for the first six months of 2018.
The motor specialist revealed that underwriting profit increased 13% to £32.2m as profit after tax also rose, by 12%, to £25.8m.
The provider’s combined operating ratio for the period also improved to 68.6% from 71.7% in the same period of 2017.
The results covered the first period for Sabre as a listed company since it floated on the London Stock Exchange in December last year
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