Sabre Insurance Group
SBRE · Main Market · Insurance · mcap £423m · 175.2p
Sabre Insurance Group sells motor insurance, mainly car cover for drivers other mainstream insurers find harder to price, plus motorcycle and taxi cover. It makes money from underwriting profit and investment income, and returns surplus capital to shareholders.
| Date | Type | Announcement | Day |
|---|---|---|---|
| 22 Sep 26 | Appointment of joint corporate broker
Berenberg appointed as joint corporate broker alongside existing brokers Barclays and Panmure Liberum. |
−2.0% | |
| 05 Aug 26 | Completion of Buyback Programme
Completion of £5m share buyback programme with 2.87m shares repurchased and cancelled. |
−0.3% | |
|
Total consideration £5.0 millionShares repurchased 2,870,000Average price per share 174.05 penceIssued share capital post-cancellation 243,730,000 Ordinary Shares
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| 04 Aug 26 | Results | Half-year Results
H1 26 gross written premium up 15.7% to £116.0m, profit before tax £23.9m, full-year guidance confirmed. |
−4.9% |
|
profit in line, guidance confirmed expectations Gross written premium £116.0m (£100.3m)Profit before tax £23.9m (£25.5m)Net insurance margin 15.7% (19.0%)Combined operating ratio 85.6% (82.6%)Interim dividend per share 4.1p (3.4p)Solvency coverage ratio (pre-dividend) 175.9% (194.3%)
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| 02 Jun 26 | On-market Share Buyback Programme of £5m
Sabre Insurance launches £5m on-market share buyback programme, expected to complete by end-2026. |
+0.1% | |
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Buyback programme size £5m
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| 27 May 26 | Director Declaration
Rebecca Shelley appointed Non-executive Chair of B.P. Marsh and Partners plc effective 26 May 2026. |
−0.3% | |
| 21 May 26 | Trading update | Trading Update
Total gross written premium up 15% to £76.3m in first four months of 2026; full-year guidance reiterated. |
+5.9% |
|
in line expectations Gross written premium - Motor Vehicle £68.9m (£58.1m)Gross written premium - Motorcycle £4.9m (£3.3m)Gross written premium - Total £76.3m (£66.1m)Motor Vehicle premium growth over 18%Motorcycle premium growth c.48%Target net insurance margins range 18% to 22%
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| 10 Mar 26 | Results | Final Results
Full-year profit up 4.9% to £51.0m on lower premiums; 13.5p dividend and £5m buyback announced. |
+9.9% |
|
ahead expectations Profit before tax £51.0m (£48.6m)Gross written premium £202.9m (£236.4m)Net insurance margin 19.2% (17.6%)Combined operating ratio 82.3% (84.2%)Total dividend per share 13.5p (13.0p)Return on tangible equity 37.2% (38.2%)
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| 16 Oct 25 | Trading update | Trading Update
Q3 trading update: full-year profit guidance reiterated in-line with 2024 despite motor premium pricing weakness. |
+0.8% |
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Gross written premium - Motor Vehicle £133.1m (£165.6m)Gross written premium - Total (9m) £151.7m (£186.5m)Target net insurance margin 18% - 22%
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| 03 Oct 25 | Completion of Buyback Programme
Completed buyback of 3.4m shares for £5m, reducing share count to 246.6m. |
−1.7% | |
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Shares repurchased 3,400,000Total consideration £4,997,750Average price per share 146.99 penceIssued share capital after cancellation 246,600,000 Ordinary Shares
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| 31 Jul 25 | Board change | Directorate Change
David Neave appointed as Non-executive Director, effective 1 August 2025. |
+3.2% |
| 31 Jul 25 | Results | Half-year Results
Profit before tax increased 26.2% to £25.5m on strong underwriting performance and 19.0% net insurance margin. |
+3.2% |
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margins and performance in line with target range expectations Profit before tax £25.5m (£20.2m)Net insurance margin 19.0% (15.7%)Net loss ratio 54.9% (59.7%)Gross written premium £100.3m (£125.7m)Interim dividend per share 3.4p (1.7p)Solvency coverage ratio (pre-dividend) 194.3% (191.9%)
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| 22 May 25 | Trading update | Trading Update
Four-month gross written premium £66.1m, down 23% year-on-year but up 8% versus five-year average; full-year profit guidance maintained. |
−6.3% |
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Gross written premium - Total £66.1m (£85.7m)Gross written premium - Motor Vehicle £58.1m (£77.1m)Gross written premium - Motorcycle £3.3m (£3.5m)Solvency capital ratio well above 171.1%Net insurance margin target 18% to 22%2030 profit before tax target at least £80m
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| 18 Mar 25 | Results | Final Results
Full-year profit more than doubled to £48.6m on record £236.4m gross written premium; 13.0p dividend and £5m buyback proposed. |
+6.1% |
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Gross written premium £236.4m (£225.1m)Profit before tax £48.6m (£23.6m)Net insurance margin 17.6% (10.6%)Total dividend per share 13.0p (9.0p)Combined operating ratio 84.2% (91.6%)Solvency coverage ratio (post-dividend and buyback) 163.1%
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| 05 Dec 24 | Capital Markets Event
Sabre hosts Capital Markets Event outlining Ambition 2030 strategy targeting £80m profit by 2030. |
+0.5% | |
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Target profit before tax 2030 at least £80mCompound annual growth rate 2024-2030 c.10%
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| 21 Nov 24 | Appointment of Joint Corporate Broker
Sabre Insurance appoints Panmure Liberum as Joint Corporate Broker alongside Barclays and Deutsche Numis. |
+1.6% | |
| 22 Oct 24 | Trading update | Trading Update
Gross written premium up 15% to £186.5m in nine months, on track for record annual premium and target profit. |
−3.8% |
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in line expectations Gross Written Premium - Total (9m) £186.5m (£162.2m)Gross Written Premium - Motor Vehicle (9m) £165.6m (£140.5m)Motor policies 230k (222k)Post-dividend solvency capital ratio 195% (191%)Gross Written Premium - Motorcycle (9m) £8.2m (£10.7m)Gross Written Premium - Taxi (9m) £12.7m (£11.0m)
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| 30 Jul 24 | Results | Half-year Results
H1 2024 profit before tax £20.2m, up from £4.8m, on 26.3% GWP growth at target margins. |
−0.6% |
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in line expectations Profit before tax £20.2m (£4.8m)Gross written premium £125.7m (£99.5m)Combined operating ratio 83.6% (93.8%)Net loss ratio 57.3% (62.0%)Interim dividend per share 1.7p (0.9p)Solvency coverage ratio (pre-dividend) 191.9% (173.0%)
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| 19 Jun 24 | Board change | Appointment of Non-executive Director
Ian Chapple appointed Non-executive Director effective 1 September 2024. |
+0.8% |
| 23 May 24 | Trading update | Trading Update
Gross written premium up 45% to £85.7m in four months to 30 April 2024, with motor vehicle premium up 61%. |
+3.6% |
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Gross written premium - Total £85.7m (£58.9m)Gross written premium - Motor Vehicle £77.1m (£47.9m)Total policy count 295k (290k)Post-dividend solvency capital ratio 183% (171%)
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| 20 May 24 | Appointment of Senior Independent Director
Bryan Joseph appointed Senior Independent Director after external search and PRA approval. |
+4.0% | |
| 19 Apr 24 | Board change | Chair Appointment
Rebecca Shelley appointed Chair following interim role since November 2023 and external search process. |
−1.2% |
| 18 Apr 24 | Director Declaration
Non-executive Director Alison Morris to join board of Quilter plc effective 9 September 2024. |
−0.5% | |
| 19 Mar 24 | Results | Final Results
Gross written premiums reached record £225.1m with profit of £23.6m, ahead of expectations, driven by strong motor vehicle growth. |
+7.2% |
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ahead of expectations expectations Gross written premium £225.1m (£171.3m)Profit before tax £23.6m (£14.0m)Net loss ratio 56.3% (66.0%)Combined operating ratio 86.3% (93.4%)Core Motor Vehicle premium growth +47.5%Total dividend per share 9.0p (4.5p)
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| 12 Mar 24 | Director Declaration
Ian Clark appointed as Non-executive Director of Aviva plc. |
+0.0% | |
| 15 Feb 24 | Trading update | Trading Statement
Sabre expects strong 2023 results with 31% GWP growth and profit towards upper end of market expectations. |
+1.7% |
|
towards or slightly above upper end expectations Gross Written Premium c.£225mGWP growth 31%Core Motor Vehicle premium growth circa 47%Pre-dividend solvency capital ratio around 205%
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| 28 Nov 23 | Board change | Directorate Change
Non-executive Director Michael Koller to step down from the Board on 31 December 2023. |
−2.7% |
| 27 Nov 23 | Board change | Remuneration Committee Chair Appointment
Karen Geary appointed interim Chair of Remuneration Committee; Rebecca Shelley steps down from role. |
+0.0% |
| 22 Nov 23 | Notification of cyber incident
Cyber-attack on 16 November contained before sensitive systems accessed; no customer data breach believed. |
−2.8% | |
| 20 Nov 23 | Board change | Death of Chair
Non-Executive Chair Andy Pomfret died on 18 November 2023 following an illness. |
+1.4% |
| 19 Oct 23 | Trading update | Trading Update
Gross written premium up 19.5% to £162.2m in nine months; solvency capital ratio increases to 191%; full-year guidance raised. |
+1.3% |
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premium in recent months above expectations expectations Gross written premium (9M 2023) £162.2m (£135.7m)Motor Vehicle GWP (9M 2023) £140.5m (£105.2m)Post-dividend solvency capital ratio 191% (163%)Motor Vehicle policy count (30 Sept 2023) 222k (211k)Full-year GWP growth guidance 20%-25%Expected combined operating ratio (2023) upper end of 85%-90%
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Company filings. Not investment advice.