Sabre reports GWP of £86.9m for first half of 2020
The motor insurer said it had continued focus on a strategy of prioritising underwriting profitability over volume whilst reflecting Covid-19 impacts using a data-driven pricing approach.
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
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