Sabre Insur Share News (SBRE)

Sabre Insurance sees interim profit fall on high net insurance claims

(Alliance News) - Sabre Insurance Group PLC on Tuesday cut its dividend due to a sharp fall in interim profit, as it incurred higher costs through net insurance claims.

Sabre Insurance expecting recovery after first-half profits fall

(Sharecast News) - Sabre Insurance announced an interim dividend of 2.8p per share on Tuesday, down from 3.7p a year ago but in line with its policy, after reporting a strong balance sheet and a fall in profits.

LONDON MARKET MIDDAY: Insurers, food delivery shares up; US tech falls

(Alliance News) - European equities recovered from a slow start to achieve solid gains by Friday afternoon, despite poor economic data, while New York-listed technology shares were lower after a grim quarter for social media app Snap.

LONDON MARKET OPEN: Flat start after weak UK retail sales; insurers up

(Alliance News) - European equities struggled for direction early Friday, taking a pause for breath after a busy week of central banking action, though UK retail sales gave traders something to chew on ahead of a raft PMI readings.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET MIDDAY: Dollar feels heat as Fed rate expectations cool

(Alliance News) - Stocks in Europe were solidly higher midday Monday, as easing US rate hike expectations boosted risk appetite, taking some steam out of a rampant dollar.

SMALL-CAP WINNERS & LOSERS: Motor insurance woes hit Sabre again

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

LONDON BROKER RATINGS: Trio of downgrades for Fevertree; Admiral cut

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Jefferies downgrades Admiral, Direct Line after Sabre warning

(Sharecast News) - Jefferies downgraded insurers Admiral and Direct Line on Monday after a profit warning from Sabre Insurance last week.

TOP NEWS: Direct Line shares slide as motor claims inflation spikes

(Alliance News) - Direct Line Insurance Group PLC on Monday cautioned on "heightened volatility across the UK motor insurance market" as it lowered its full-year outlook.

LONDON BRIEFING: Direct Line adds to warnings from UK motor insurers

(Alliance News) - Direct Line Insurance on Monday cautioned on "heightened volatility across the UK motor insurance market", adding another warning from London-listed insurers.

JPMorgan downgrades Admiral, Direct Line after Sabre profit warning

(Sharecast News) - JPMorgan Cazenove downgraded its stance on insurers Direct Line and Admiral on Friday after both suffered heavy losses a day earlier on the back of a profit warning from Sabre Insurance.

LONDON BROKER RATINGS: JPMorgan downgrades Admiral and Direct Line

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

LONDON MARKET OPEN: Burberry falls as China lockdowns hurt sales

(Alliance News) - Stocks in London was mostly higher in early trade, as investor fears of a full percentage point rate hike from the US Federal Reserve later this month were eased by comments from several central bank members, reiterating support for a 75 basis point raise.

LONDON MARKET CLOSE: Stocks red on potential full-point hike in US

(Alliance News) - Stocks in London closed in the red on Thursday after markets across Europe slipped after the European Commission slashed its GDP forecast for 2022 and investors saw a difficult start to the US earnings season.