Sabre reports GWP of £86.9m for first half of 2020

fleet-motor

Sabre Insurance has reported a GWP slip for the first half of 2020.

GWP fell almost £25m compared to the £101.2m reported in the first half of 2019.

COR remained steady at 71.7%, a slight deterioration on the 71.5% reported last year.

Meanwhile, profit before tax fell to £27.8m from £30.5m.

Strategy
The provider flagged that it continued to focus on its strategy of prioritising underwriting profitability over volume whilst reflecting Covid-19 impacts using a data-driven pricing approach.

It

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: