sabre insurance group plc said thursday that it expects pretax profit for 2021 to miss market expectations but that it is confident in its outlook the ftse 250listed motorinsurance provider said it expects pretax profit for the year to be moderately below analysts forecasts which are in the range of 41 million to 46 million pounds 560 million628 million after the size of the market it operates in temporarily shrank in size by a significant margin due to the coronavirus pandemic the company posted a pretax profit of gbp398 million for 2020 sabre insurance said it is confident about its medium and longerterm growth outlook is well placed to take advantage of expected growth opportunities in 2022 and expects dividend levels to be supported by a strong capital position the company has allowed its volumes to fall rather than cut its price ranges and implement discounts in order to preserve its mediumterm strength it said by taking the hard decisions to allow volumes to reduce during the recent unprecedented period we have maintained our core strengths and are very well positioned to benefit from these opportunities chief executive geoff carter said shares at 0724 gmt were down 30 pence or 15 at 1920 pence