Sabre Insurance Group has reported gross written premium of £125.7m for the six months to 30th June 2024. This is up from the £99.5m achieved in the same period in the previous year. The motor carrier said its combined operating ratio had improved to 83.6% from 93.8%.

Geoff Carter, chief executive officer of Sabre, said: “We are in a strong position at the halfway point of the year, having written good levels of premium at our target margins across all product lines. This is clearly demonstrated by the positive numbers we are reporting today.

“We have been able to deploy price increases which reflect our view of claims inflation, and we look forward to a strong performance in the second half of the year as the premium we have written to date earns through.”