Sabre Insurance unveils special dividend after strong 2023 results
19th Mar 2024 07:19
(Sharecast News) - Shares in Sabre Insurance were rising on Tuesday after the motor insurance underwriter doubled its dividend payout for 2023, proposing a bumper special dividend after a huge surge in profits last year.
Read moreSabre Insurance ends year in line after pricing action
15th Feb 2024 08:38
(Sharecast News) - Motor insurance underwriter Sabre Insurance Group said in a trading update on Thursday that it was set to meet or exceed current market expectations for 2023, having taken swift pricing actions since 2022 to counteract persistent claims inflation.
Read moreSabre raises guidance after growth accelerates in Q3
19th Oct 2023 11:26
(Sharecast News) - UK motor insurance group Sabre raised its full-year guidance on Thursday after a better-than-expected step-up in motor vehicle premium growth in the third quarter.
Read moreBerenberg upgrades Sabre Insurance to 'buy'
26th May 2023 10:41
(Sharecast News) - Berenberg upgraded Sabre Insurance on Friday to 'buy' from 'hold' and hiked the price target to 153p from 93p following an update earlier in the week.
Read moreSabre Insurance confident as motor business meets forecasts
25th May 2023 13:00
(Sharecast News) - Sabre Insurance Group updated the market on its trading in the first four months of the year on Thursday, with gross written premium in the motor insurance segment rising to £47.9m, compared to £45.2m in 2022.
Read moreBerenberg lowers target price on Sabre
23rd Mar 2023 09:43
(Sharecast News) - Over at Berenberg, analysts lowered their target price on insurer Sabre Insurance from 112.0p to 93.0p on Thursday, stating it was "still cautious" about the group's outlook.
Read moreSabre Insurance still profitable in 'disappointing' year
14th Mar 2023 08:41
(Sharecast News) - Sabre Insurance Group said it still delivered growth and profitability in a 'disappointing' set of final results on Tuesday, saying it was well-positioned to recover margins while growing further on the back of an assertive rating response and a focussed strategy.
Read moreBerenberg slightly lowers target price on Sabre Insurance
17th Oct 2022 09:41
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on car insurer Sabre Insurance from 123.0p to 119.0p on Monday, stating the group's strategy was "consistent" but telematics still posed a risk.
Read moreSabre Insurance confident despite market challenges
13th Oct 2022 10:58
(Sharecast News) - Sabre Insurance reported an improvement in gross written premiums in a trading update on Thursday, to £135.7m for the first nine months of the year, from £126.7m year-on-year.
Read moreBarclays sees 'opportunity' in Sabre Insurance after
27th Jul 2022 16:17
(Sharecast News) - Analysts at Barclays reiterated their 'overweight' stance on shares of Sabre Insurance Group, telling clients that the "significant" de-rating in the shares was an opportunity.
Read moreDirector dealings: Sabre chair, CEO invest after trading update
26th Jul 2022 16:19
(Sharecast News) - Sabre Insurance had two entries on the list of director buys on Tuesday, after both its CEO and chair invested in its shares.
Read moreSabre Insurance expecting recovery after first-half profits fall
26th Jul 2022 08:15
(Sharecast News) - Sabre Insurance announced an interim dividend of 2.8p per share on Tuesday, down from 3.7p a year ago but in line with its policy, after reporting a strong balance sheet and a fall in profits.
Read moreJefferies downgrades Admiral, Direct Line after Sabre warning
18th Jul 2022 08:47
(Sharecast News) - Jefferies downgraded insurers Admiral and Direct Line on Monday after a profit warning from Sabre Insurance last week.
Read moreJPMorgan downgrades Admiral, Direct Line after Sabre profit warning
15th Jul 2022 14:42
(Sharecast News) - JPMorgan Cazenove downgraded its stance on insurers Direct Line and Admiral on Friday after both suffered heavy losses a day earlier on the back of a profit warning from Sabre Insurance.
Read moreSabre Insurance warns over impact of claims inflation, shares tumble
14th Jul 2022 09:18
(Sharecast News) - Motor insurer Sabre Insurance tumbled on Thursday after it said it expects to pay out a smaller dividend for 2022 as it warned over the impact of claims inflation.
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