30th Jul 2024 13:00
Sabre Insurance Group PLC - Dorking, Surrey-based motor insurance underwriter - Lifts interim dividend to 1.7 pence per share from 0.9p, as pretax profit jumps to GBP20.2 million in the first half of 2024 from just GBP4.8 million a year before. Gross written premium rises by 26% to GBP125.7 million from GBP99.5 million, and Sabre's combined operating ratio improves to 83.6% from 93.8%. Any ratio below 100% indicates profitable insurance underwriting, and the lower the better. Read More
