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Sabre Insurance Group (SBRE) investor relations material
Sabre Insurance Group Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Nine-month premium growth was 14.3% YoY; full-year 2026 PBT guidance reiterated at slightly above 2025, with pricing discipline maintained.
Ambition 2030 remains on track, targeting PBT of at least £80m in 2030.
Financial highlights
Nine months to 30 September 2026 gross written premium was £173.4m, up 14.3% YoY; 2025 full-year premium was £202.9m.
On the revised segment basis, Motor Vehicle premium was £160.1m, up 12.0% YoY; Motorcycle premium was £13.3m, up 52.9%.
Outlook and guidance
2026 PBT is expected to be slightly higher than 2025; full-year premium growth is expected, with growth likely to moderate in Q4 as pricing discipline is maintained.
Undiscounted net insurance margins for 2026 are expected within the 18%–22% target range; margin improvement is expected in H2 as H1 premium earns through.
Premium volumes and earnings are expected to grow into the medium term, with timing influenced by market conditions.
- Premiums up 15.7% year-over-year; profit and margin guidance reaffirmed for full year.SBRE
H1 2026 - Premiums up 15% year-over-year; guidance and strong capital position reaffirmed.SBRE
Q1 2026 TU - Profit up 4.9% with strong margins, higher dividend, and growth initiatives advancing.SBRE
H2 2025 - Profit guidance reiterated with strong margins and capital despite lower premiums.SBRE
Q3 2025 TU - Profit before tax up 26.2% to £25.5m, margin at 19%, and capital returns remain strong.SBRE
H1 2025 - Targeting GBP 80m+ profit by 2030 through tech-driven, capital-light growth in motor and motorcycle.SBRE
CMD 2024 - Record premium growth and strong profit outlook driven by disciplined underwriting.SBRE
Q3 2024 TU - Profit and margins surged, with GWP up 26% and combined ratio at 83.6%.SBRE
H1 2024 - Profit doubled, margins improved, and capital returns support growth to 2030.SBRE
H2 2024
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