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Catch up on insurers’ 2024 half-year financial results
UKGI insurers are releasing their trading updates with details on their half-year financial results for 2024. Here’s Insurance Times’ roundup of all the stories you need to keep abreast of the latest figures…
Jaguar Land Rover may have improved security, so which vehicles are criminals targeting now?
’We’re always looking for the next risk to make sure that we’re [setting premiums] at the right price,’ says chief executive
Sabre posts COR of 83.6% for H1 2024
’We are in a strong position at the halfway point of the year, having written good levels of premium at our target margins across all product line,’ says chief executive
Sabre Insurance’s outlook ‘remains unchanged’ as it posts Q1 2024 results
’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive
Sabre announces new chair following external search
‘I look forward to working with the board and our management team,’ says new appointee
Sabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
Geoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
In Focus: Industry responds to Labour’s promises on car insurance
As the Labour party vows to tackle ’out of control’ premiums, industry experts respond to politicians’ pledges
Briefing: Could government intervention create a rocky road for motor insurers?
A concerted effort to bring down claims costs must begin – and there’s not really any other option
Briefing: Are regulations on affordability pulling in opposite directions?
The associated costs of new regulation mean that insurance providers may soon have to consider whether affordability is affordable
Geoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
Geoff Carter: Sabre Insurance seeks to tackle ‘niche areas of motor’ with broker partners
The insurer’s chief executive says the firm is ‘all ears for any opportunities brokers might have’
Sabre has ‘been able to hold our nerve’ during pandemic lockdowns
The insurer’s chief executive says that putting prices up year-on-year was the ‘right stuff’, enabling the firm to now ‘stand still’ as its competitors scramble to implement price increases to mitigate Covid discounts
Sabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
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