UK's Sabre Insurance falls after saying premium growth seen moderating in Q4

Sabre Insurance

Tue 09:12

** Shares of motor insurer Sabre Insurance SBRE.L down 7.2% at 172 pence, biggest loser on the FTSE Small Cap index .FTSC
** Co says premium growth is likely to moderate in Q4 as it maintains pricing discipline amid claims inflation of 6%-7%
** Says motor insurance premiums have risen across the market so far this year, but pricing has not kept pace with claims inflation
** Stock down ~35% YTD 

 (Reporting by Neeshita Beura in Bengaluru)
 ((Neeshita.Beura@thomsonreuters.com))