Sabre Insurance Group (SBRE)

Sector:

Insurance

Index:

FTSE Small Cap

156.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 179.80
  • 52 Week Low: 125.00
  • Currency: UK Pounds
  • Shares Issued: 250.00m
  • Volume: 299,519
  • Market Cap: £390.00m
  • RiskGrade: 127

Sabre Insurance ends year in line after pricing action

By Josh White

Date: Thursday 15 Feb 2024

LONDON (ShareCast) - (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.
The London-listed firm said gross written premium was anticipated to have risen 32% to £225m, with core motor vehicle premium growth of around 47%.

It also said it expected profit to land towards or slightly surpass the upper end of current market forecasts.

The company highlighted strong capital generation, with a pre-dividend solvency capital ratio expected to hover around 205%.

Sabre said it would announce its audited full-year results for 2023 on 19 March.

At 0911 GMT, shares in Sabre Insurance Group were up 1.64% at 154.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SBRE Market Data

Currency UK Pounds
Share Price 156.00p
Change Today -1.00p
% Change -0.64 %
52 Week High 179.80
52 Week Low 125.00
Volume 299,519
Shares Issued 250.00m
Market Cap £390.00m
RiskGrade 127

SBRE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.72% above the market average36.72% above the market average36.72% above the market average36.72% above the market average36.72% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
20.56% above the market average20.56% above the market average20.56% above the market average20.56% above the market average20.56% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income
83.74% above the market average83.74% above the market average83.74% above the market average83.74% above the market average83.74% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
40.46% below the market average40.46% below the market average40.46% below the market average40.46% below the market average40.46% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SBRE Dividends

  Latest Previous
  Final Special
Ex-Div 25-Apr-24 25-Apr-24
Paid 05-Jun-24 05-Jun-24
Amount 4.20p 3.90p

Trades for 24-Jun-2024

Time Volume / Share Price
16:35 10,000 @ 156.00p
16:35 1,182 @ 156.00p
16:35 59,251 @ 156.00p
16:35 403 @ 156.00p
16:35 1,028 @ 156.00p

SBRE Key Personnel

CEO Geoffrey Richard Carter
Chair Rebecca Ann Shelley

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