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'Unpleasant financial results' in store unless motor insurance market turns, says Sabre's Carter

geoff carter

The soft motor insurance market needs to turn sooner rather than later if some market players are to avoid “unpleasant financial results” in the years ahead, Sabre CEO Geoff Carter has warned.

Carter, pictured, made the comments as Sabre posted profits before tax of £22.2m for the first half of 2021, down 20% on the same period last year.

The insurer has seen its gross written premiums

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Throwback Thursday: Female first; Co-op’s woe

Insurance Post’s Throwback Thursday steps back in time to August 1971 to remind you what was going on this week in insurance history when a woman first entered a male building safety arena and Co-operative Insurance’s results were disappointing.

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