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Sabre Insurance Group reports 15.7% premium growth, expects full-year profit above 2025
Sabre Insurance Group reported a 15.7% rise in first-half gross written premium to £160 million and said it remains confident that full-year profit will exceed the 2025 result, despite a temporary decline in its underwriting margin. Profit before tax was £23.9 million, slightly below the prior-year period, while the net insurance margin fell to 15.7% from 19.2% as newly written business has not fully earned through. Management expects the margin to return to its 18%-22% target range by year-end. Motorcycle premium increased more than 50%, the interim dividend rose 20% to 4.1 pence per share, and the solvency ratio stood at 161.4%.