’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
In its latest financial results for H1 2024, published on 30 July 2024, specialist motor insurer Sabre posted an 83.6% combined operating ratio (COR) and saw its pre-tax profit jump from £4.8m for H1 2023 to £20.2m this year.
Maintaining such a solid COR for the first half of 2024 is no mean feat in a motor market that saw such difficult operating conditions across the last year.
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