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Sabre Insurance doubles dividend to 9.0p per share, posts £23.6m pre-tax profit, and plans motorcycle portfolio expansion.
Sabre Insurance sees shares rise after doubling its dividend for 2023, with a combined dividend of 9.0p per share, up from 4.5p in 2022.
The company's pre-tax profit increased to £23.6m from £14m in 2022, with a 31.4% growth in gross written premiums to £225.1m.
Sabre expects to expand its motorcycle portfolio through partnerships with additional expert brokers.
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Sabre Insurance duplica el dividendo a 9,0 peniques por acción, registra un beneficio antes de impuestos de £23,6 millones y planea ampliar su cartera de motocicletas.