Edition:
United Kingdom

Sabre Insurance Group PLC (SBRE.L)

SBRE.L on London Stock Exchange

273.00GBp
10 Dec 2018
Change (% chg)

-9.00 (-3.19%)
Prev Close
282.00
Open
287.00
Day's High
287.00
Day's Low
273.00
Volume
141,205
Avg. Vol
1,017,529
52-wk High
301.00
52-wk Low
221.75

Latest Key Developments (Source: Significant Developments)

Sabre Insurance Sees FY Combined Ratio Better Than Mid-70 Pct Target
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Sabre Insurance Group PLC ::CONTINUED EXPECTATION OF DELIVERING A FY 2018 COMBINED RATIO BETTER THAN OUR MID-70%'S TARGET.SEE SOLVENCY COVERAGE RATIO OF 195% AS AT END OF SEPTEMBER, ABOVE OUR 140% - 160% TARGET RANGE.GWP FOR FIRST NINE MONTHS OF YEAR REMAINING BROADLY FLAT YEAR ON YEAR AT £162.6M (2017: £165.0M).GROUP MAINTAINS ITS EXPECTATIONS FOR FY 2018 GWP TO BE IN LINE WITH 2017.  Full Article

Prudential Plc Group Of Companies Discloses 5.38 Pct Stake In Sabre Insurance Group
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Sabre Insurance Group::PRUDENTIAL PLC GROUP OF COMPANIES DISCLOSES 5.38 PERCENT STAKE IN SABRE INSURANCE GROUP PLC - FILING.  Full Article

BC European Capital IX Dissolves Stake In Sabre Insurance Group
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Sabre Insurance Group PLC ::BC EUROPEAN CAPITAL IX DISSOLVES STAKE IN SABRE INSURANCE GROUP PLC - FILING.  Full Article

Angus Ball Cuts Stake To 1.8 Pct In Sabre Insurance Group
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Sabre Insurance Group PLC ::ANGUS BALL CUTS STAKE TO 1.8 PERCENT FROM 5.2 PERCENT IN SABRE INSURANCE GROUP PLC - FILING.  Full Article

Barclays Bank Announces Proposed Placing Of Sabre Insurance Shares
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Barclays PLC ::BARCLAYS BANK PLC SABRE INSURANCE GRP - PROPOSED PLACING OF SABRE INSURANCE GROUP SHARES.BARCLAYS BANK- ACCELERATED BOOKBUILT OFFERING OF UP TO 44.8 MILLION EXISTING ORDINARY SHARES IN SABRE INSURANCE.BARCLAYS BANK- CO IS ACTING AS SOLE GLOBAL COORDINATOR AND BOOKRUNNER FOR OFFERING.BARCLAYS BANK- FOLLOWING COMPLETION OF OFFERING, BC PARTNERS WILL NO LONGER OWN ANY SHARES IN SABRE.  Full Article

Sabre Insurance Group declares interim dividend Of 18 million pounds
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Sabre Insurance Group PLC ::BOARD HAS DECLARED AN INTERIM DIVIDEND OF £18.0M, BEING 70% OF THE HALF-YEAR PROFIT AFTER TAX, IN LINE WITH THE INITIAL DIVIDEND PROGRAMME OUTLINED AT THE TIME OF THE IPO .A SOLVENCY COVERAGE RATIO OF 209% (179% AFTER PAYMENT OF INTERIM DIVIDEND), ABOVE GROUP'S PREFERRED NORMAL OPERATING RANGE OF 140% TO 160% GIVES BOARD OPTION TO RETURN SURPLUS CAPITAL TO SHAREHOLDERS THROUGH A FUTURE SPECIAL DIVIDEND.A FINANCIAL YEAR LOSS RATIO OF 45.73% (HY 2017: 49.59%) WAS ACHIEVED, WITH A CURRENT-YEAR LOSS RATIO OF 59.00%.WE CONTINUE TO EXPECT OUR 2018 GROSS WRITTEN PREMIUM TO BE IN LINE WITH 2017, WITH H2 2018 FLAT AGAINST COMPARATIVE PERIOD IN 2017.  Full Article

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UK motor insurers' profits hit 23-year high in 2017, 2018 seen strong: EY

LONDON British motor insurers posted the strongest underwriting profits in 23 years last year and 2018 is also likely to be profitable, consultants EY said on Thursday.