Sabre Insurance Group (LON:SBRE) Issues Earnings Results

by · The Markets Daily

Sabre Insurance Group (LON:SBRE – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 7.33 earnings per share for the quarter, Digital Look Earnings reports. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%.

Here are the key takeaways from Sabre Insurance Group’s conference call:

  • Strong growth and full-year confidence: Gross written premium rose 15.7% year over year to £160 million, and management remains very confident that full-year profit will be slightly ahead of 2025 despite a modest first-half profit decline.
  • Margins expected to recover: First-half net insurance margin fell to 15.7% from 19.2%, mainly because premium growth has not yet fully earned through and the company continues investing in people and technology. Management expects the margin to return to its 18%-22% target range in the second half as earned premium increases and current-year claims performance improves.
  • Underwriting and capital remain strong: Motor delivered a 52% net loss ratio, while taxi improved to 48.2%; management said new business continues to be written at target margins and claims inflation assumptions remain covered. Solvency was 161.4% after the interim dividend and buyback, and the interim dividend increased 20% to 4.1 pence per share.
  • Market pricing remains challenging: Pricing has stabilized and is edging upward, but management believes the market still needs further increases to adequately cover mid-single-digit claims inflation. Sabre expects to keep growing, although the pace will depend partly on whether broader market rates harden over the next 6-12 months.
  • Ambition 2030 is progressing: Motorcycle premium grew more than 50%, supported by Sabre Direct, and the company expects to quote across the entire motorcycle market toward year-end. Pricing tests in core motor and digital customer-service initiatives are also advancing, with AI being evaluated for pricing, fraud detection, coding and customer interactions.

Sabre Insurance Group Stock Performance

LON SBRE opened at GBX 173.31 on Thursday. The company has a market capitalization of £421.51 million, a P/E ratio of 11.36, a P/E/G ratio of 4.08 and a beta of 0.07. Sabre Insurance Group has a 52-week low of GBX 123 and a 52-week high of GBX 188.80. The company has a fifty day moving average of GBX 172.74 and a 200-day moving average of GBX 155.51.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SBRE. Jefferies Financial Group reiterated a “hold” rating and set a GBX 152 target price on shares of Sabre Insurance Group in a research report on Tuesday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 180 target price on shares of Sabre Insurance Group in a report on Wednesday. Berenberg Bank reissued a “buy” rating and set a GBX 200 price objective on shares of Sabre Insurance Group in a research report on Wednesday. Finally, Peel Hunt reissued an “add” rating and issued a GBX 200 price target on shares of Sabre Insurance Group in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 183.

Get Our Latest Stock Report on SBRE

About Sabre Insurance Group

(Get Free Report)

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.

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