'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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